Money Market Brief
Financial conditions loosen further, with the riskiest of assets (think Bitcoin) outperforming. "Net liquidity" measures may have peaked but other forms of liquidity we noted are still increasing
In case you missed it, we released our first subscriber explainer. If you want to better comprehend our money market briefs, this is a must-read. In the next explainer, we’ll be taking a deep dive into the Eurodollar system.
Next on the agenda, however, our upcoming article will provide an overview of “the global pools of money” and how they interact with asset markets. But first, a money market brief…
Have you explored the various net liquidity measures outside of the post-GFC era? I am assuming that these correlations don't hold.