great work！and I see you mentioned liquidity in this report，want to know that what indicators you would use to monitor current liquidity conditions (like fed b/s or something else?)
Big picture you need Fed balance sheet, bank reserves (which are more important than the balance sheet since people don’t watch them still), rrp, tga and composition of debt issuance. You also need some other metrics but I’d point you to Prometheus Research for that.
Nice framework!
Did Soros' work influence you here? Any global macro book recommendations?
Maybe a little
More from the Origin of Wealth book going over complexity economics
great work！and I see you mentioned liquidity in this report，want to know that what indicators you would use to monitor current liquidity conditions (like fed b/s or something else?)
Big picture you need Fed balance sheet, bank reserves (which are more important than the balance sheet since people don’t watch them still), rrp, tga and composition of debt issuance. You also need some other metrics but I’d point you to Prometheus Research for that.
thanks!
I'm using FED Balance Sheet less Repo les TGA