Liquidity Trader – Macro Liquidity- Fed and Banking

Analysis of the major forces of macro liquidity that drive markets, including the Fed, foreign central banks, and the US and European banking systems. Resulting market strategy recommendations. Click here to subscribe. Now published at Lee Adler’s Liquidity Trader.

Support the Wall Street Examiner! Choose your level of support to receive a free proprietary report as my thanks. Click the button below to see your options. Become a Patron!

Macroliquidity Breaks Out To New High, Will Stocks Follow?

The Composite Liquidity Indicator surged to a new high, breaking the high set in January as the Fed settled MBS purchases last week. Stock prices have mimicked the rangebound pattern of the indicator this year. They have yet to follow the breakout, but that could be coming. Follow the money. Find the profits!Liquidity is money.…

Macroliquidity Stagnant

The Macroliquidity ratio still has not reached the buy signal line following the sell signals of March and May.  Any stock market rallies remain questionable until that lower line is touched. A material and sustained break could signal a bear market. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that…

Watch This Amazing Chart Show Fed Funds Disappear In A Raging Credit Bubble

Interbank Fed Funds and RRP

This is an excerpt from part 2 of the weekly MacroLiquidity Report for Macroliquidity Pro Trader and Macroliquidity Monthly Investor subscribers (subscriber download links).  Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know…

Forces Of Macroliquidity Rose Slightly Last Week

The Composite Liquidity Indicator has been virtually flat in recent weeks, barely edging higher to challenge the high set in January. Stock prices have mimicked the rangebound pattern. Download this report to view summaries and charts of the performance of the indicator and its components, along with tracking the balance sheets of the Fed, ECB,…

Will A Bear Market By Proxy Roll Out of China?

Macro Liquidity

The Composite Liquidity Indicator has been flat in recent weeks as it skirts the high set in January. Stock prices have mimicked that rangebound pattern with a temporary blip to the downside interjected last week.  The index is moving toward its 39 week moving average. Follow the money. Find the profits!Liquidity is money. Regardless of…

Will Stalled Macroliquidity Support New Highs In Stocks?

The Composite Liquidity Indicator declined last week, bringing it to the bottom of the range it has been in since February. The index had dropped slightly below its 39 week moving average for the first time since February 2010 when the Fed was in its first QE pause. Follow the money. Find the profits!Liquidity is…

Troubling Hints From Fed and Banking System Balance Sheets

The Fed’s balance sheet shrank slightly last week as there was a net paydown of MBS. That will be replaced when the Fed settles its MBS purchases at mid month as it does each month. The Fed has increased its replacement purchases over the past couple of months in order to get the balance sheet…

Introducing The Macroliquidity Ratio Indicator

Macroliquidity Ratio- Click to enlarge

We have a new black box. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to and through Wall Street. So if you want to know the direction of the next big moves in stocks and bonds, just follow the money. Lee Adler’s Liquidity…

The SS Fed Sails Into Uncharted and Probably Stormy Liquidity Seas

Macro Liquidity Composite

The composite liquidity indicator edged to a new high this week, barely above the range of the past 5 months. Even with that pause, the trend is in much the same longer term path it has been on since 2012. Primary Dealer cash, the largest component, continues to grow due to the Fed’s MBS purchases.…