The market bottomed when Reverse Repo peaked.
FRED:RRPONTSYD
Overnight Reverse Repurchase Agreements: Treasury Securities Sold by the Federal Reserve in the Temporary Open Market Operations
The market bottomed when Reverse Repo peaked.
After Reverse Repo started trending down, the market started its path up to new All time highs.
Liquidity as measured by M2 has been picking up which explains why we see prices making or approaching new ATM
After Reverse Repo started trending down, the market started its path up to new All time highs.
Liquidity as measured by M2 has been picking up which explains why we see prices making or approaching new ATM