great question, and I will do more writings/videos on what exactly we mean by liquidity, how we measure it
in short, I use the term liquidity generically to refer to the quantity of capital available to markets but don't measure it with an index; I also don't think pure Fed balance sheet liquidity is enough, but I have in the past struck charts calling Fed liabilities "liquidity"
also, bringing on Michael Howell in a couple weeks
great question, and I will do more writings/videos on what exactly we mean by liquidity, how we measure it
in short, I use the term liquidity generically to refer to the quantity of capital available to markets but don't measure it with an index; I also don't think pure Fed balance sheet liquidity is enough, but I have in the past struck charts calling Fed liabilities "liquidity"
also, bringing on Michael Howell in a couple weeks
Happy Birthday Joe, do not get eaten by a shark, but if you see a whale, give it a high five!
Thanks Sal!
lol he forgot to mention boss still had to write his section 😂