The Monetary System

Luke Gromen's Big Prediction About the Fed Came True. Here's What's Next.

He made a specific prediction about the Fed in January 2019. The repo market cracked nine months later. Here's how the rest of the scorecard looks.

14 hrs ago • TheOrangeSponge

Fed Liquidity Watch // Issue #8 - Weekly H.4.1 Breakdown

Why Bank Reserves Just Jumped $119 Billion (And What It Means for April)

Apr 10 • TheOrangeSponge

Fed Liquidity Watch // Issue #7 - Weekly H.4.1 Breakdown

This week's H.4.1 report showed expanding liquidity. The calendar says enjoy it while it lasts.

Apr 3 • TheOrangeSponge

Fed Liquidity Watch // Issue #6 - Weekly H.4.1 Breakdown

The Treasury Spent. Your Bank Got the Money.

Mar 27

Fed Liquidity Watch // Issue #5

Reserves fell $74B this week. The calendar explains most of it — but the year-over-year trend is worth watching.

Mar 20

Why Liquidity Flows to Bitcoin

Whether you believe it or not

Mar 17 • TheOrangeSponge

Fed Liquidity Watch // Issue #4

The Treasury Spent. Reserves Breathed.

Mar 13 • TheOrangeSponge

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