DrJeff on Nostr: US net liquidity continues to fizzle. Recent week-over-week (ended July 26) action ...
US net liquidity continues to fizzle.
Recent week-over-week (ended July 26) action just released:
Approx. -$60.6B liquidity CONTRACTION
My opinion:
Difficult for risk assets and #bitcoin to materially rally while liquidity continues to contract.
Published at
2023-07-27 21:15:48Event JSON
{
"id": "73ee0c11420986b468521c0ac565b891e6c72f22fcee9f9fdaccfaffa131dec1",
"pubkey": "b7996c183e036df27802945b80bbdc8b0bf5971b6621a86bf3569c332117f07d",
"created_at": 1690492548,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
]
],
"content": "US net liquidity continues to fizzle. \n\nRecent week-over-week (ended July 26) action just released:\n\nApprox. -$60.6B liquidity CONTRACTION \n\nMy opinion:\nDifficult for risk assets and #bitcoin to materially rally while liquidity continues to contract.",
"sig": "80a3c9ba5ef05c91abc2cc6a5964d617af47ae57118b37b470d1216dba008d9d41a313649eb0609293aed6fc6a73aeaf981a48047d903c430d830e9ab194b989"
}
