Global Net Liquidity · Pro

Three years shows you the shape. Thirty shows you whether it holds.

The free chart already measures what five central banks are doing this week. Pro is for the question that comes next: has this relationship actually held up across cycles, or does it only look convincing on the window you happened to be shown?

See what Pro adds → Use the free version first

One payment No subscription Educational content only — not financial advice

A three-year window cannot answer a cycle-length question

Not because three years is a small number, but because almost every interesting claim about liquidity is a claim about what happens across regimes — and three years is usually one regime.

Short windows agree with whoever is holding them

Pick a stretch where liquidity rose and Bitcoin rose, and liquidity looks like the master key. Pick a stretch where liquidity rose and Bitcoin fell, and it looks like noise. Both windows exist inside the same decade. The only way to tell which is the exception is to look at all of it.

The tightening years are the ones that test the claim

Anything looks correlated during a long expansion, because most things were going up. What separates a real relationship from a coincidence is how it behaved when the balance sheets were shrinking — and those periods sit outside a three-year view.

The overlays are what make the line interpretable

Liquidity does not move on its own. It moves because rates moved, or inflation did, or the dollar did. Putting Fed rates, CPI, M2, unemployment and the dollar index on the same axis is the difference between watching a line and understanding why it turned.

A chart you cannot export is a chart you cannot check

If you want to run your own correlation, line it up against your own holdings, or simply keep a record of what the series said before it was revised, you need the numbers rather than a picture of them.

What the $49 actually buys

Six things. The free version keeps everything it already has — this is added on top, not unlocked from behind a blur.

PRO

The full history

Roughly thirty years of weekly data instead of three, plus a dedicated ten-year view. Long enough to contain more than one policy regime, which is the entire reason to want it.

PRO

Five macro overlays

US unemployment, the dollar index, Fed rates, CPI inflation and M2 money supply, each laid over the same axis as the liquidity line so you can see what moved with what.

PRO

The week-by-week table

Every date, the net figure, the gross figure and the weekly change, in a table you can read down rather than squint at. Useful precisely when the chart looks ambiguous.

PRO

CSV export

The whole series out to a spreadsheet. Run your own correlation against your own holdings, or keep a record of what the data said on a given date, before anybody revised it.

PRO

Chart image and PDF report

The chart as an image and the page as a PDF, both watermarked and dated. For notes, for a record, or for showing someone the thing rather than describing it.

PRO

Everything the free version has

The net and gross lines, the US and rest-of-world split, Bitcoin, the S&P 500 and gold, recession bands, rolling correlations, log scale and three currencies. None of it is taken away.

What it still will not do

Pro is more history and more context. It is not a different kind of instrument, and none of the limits below are lifted by paying.

It does not forecast

There is no model, no projection of where liquidity goes next, and no signal. Thirty years of history tells you what happened over thirty years. It does not tell you about next quarter, and nothing on the Pro side pretends otherwise.

It does not make the correlation stronger

A longer window measures the relationship more honestly. Frequently that means showing you it is weaker and less stable than the version you were sold elsewhere. If you are buying this hoping the correlation firms up, it may well do the opposite.

It does not fix the scraped legs

The PBoC and Bank of England figures are read from published tables with a manual override, on both tiers. That is a real weakness in two of the five banks and paying does not change the source.

It does not tell you what to buy

No entry, no exit, no allocation, no threshold. This is background for a plan you already run. If you do not have that plan yet, the free tools and the weekly issue are a far better use of your time than this.

One purchase · no subscription

Buy the history, not a subscription.

Paid once. It does not renew, it is not bundled with anything, and it does not expire.

History Roughly thirty years of weekly data, plus the ten-year view

Overlays Unemployment, dollar index, Fed rates, CPI and M2

Table Every week: net, gross and the change

Export CSV of the full series, chart image, PDF report

Paid once. Not a subscription, not a bundle. Or use the free version — it is the working tool

If three years of history already answers your question, it answers it, and you should keep your $49. The free chart is not a demonstration version — it carries the live liquidity line, the regional split, the asset overlays and the correlations. Educational content only — not financial advice. Nothing here is a recommendation to buy or sell any asset.

01 — What thirty years contains

Three years is one regime. Global Net Liquidity Pro is for the others.

The free chart shows the live line with three years behind it, and for most weeks that is the whole reading. The case for the full history is not that more is better; it is that the claims people make about liquidity are claims about regimes, and a three-year window usually holds one.

Roughly thirty years of weekly data covers the periods that actually test the idea: the years the balance sheets were shrinking, the years they were flat, and the expansions that everyone remembers. A correlation measured only inside an expansion is a correlation between two things that were both going up. Global Net Liquidity Pro exists so you can measure it through the other kind of year.

It also contains the divergences. There have been long stretches where the Fed was draining while the rest of the world was adding, and a US-only line through one of those points the wrong way. The regional split is free; what Global Net Liquidity Pro adds is the ability to see how often the two halves disagreed over three decades rather than three years, which is a different question with a different answer.

The ten-year view sits between the two. It is long enough to hold more than one policy regime and short enough to read on a screen without the recent years collapsing into a line at the right-hand edge. Most readers of Global Net Liquidity Pro will spend their time there rather than at the full thirty.

None of this makes the line predictive. Thirty years of history tells you what happened over thirty years, and macro indicators, what I ignore explains why this site treats a liquidity reading as context for a plan rather than a trigger for one.

The global net liquidity line against gross assets over one year, the three-year free window that Global Net Liquidity Pro extends to thirty — One year of the net line against gross assets, from the free chart. Global Net Liquidity Pro puts roughly thirty years behind the same line.

02 — The arithmetic

What the overlays and the table change, and what they cannot.

The liquidity line is the same sum on both tiers: five balance sheets in, two drains out, converted to dollars, weekly. Global Net Liquidity Pro changes what sits beside it, not how it is built.

Step one

The five overlays

US unemployment, the dollar index, Fed rates, CPI inflation and M2 money supply, the five overlays in Global Net Liquidity Pro, each drawn on the same axis as the liquidity line. Liquidity does not move on its own; it moves because rates moved, or inflation did, or the dollar did. The overlays are how you see which.

Step two

The correlation, extended

The rolling 90-day correlation against Bitcoin, the S&P 500 and gold is free. Global Net Liquidity Pro lets you read it across every regime in the history, which is where it stops looking stable and starts looking like what it is: real, loose, and occasionally negative.

Step three

The week-by-week table

Every date, the net figure, the gross figure and the weekly change, in a Global Net Liquidity Pro table you read down. It is the panel to open when the chart looks ambiguous, because a turn that is visible in a column of numbers is not a trick of the axis.

Step four

CSV, image and PDF

The whole series out to a spreadsheet, so you can run your own correlation against your own holdings or keep a dated record of what the data said before it was revised. The chart image and the PDF report are watermarked and dated for the same reason.

Where the numbers come from on both tiers

The Fed, ECB and Bank of Japan legs come from the St. Louis Fed’s FRED database and are as solid as this kind of data gets. The People’s Bank of China and the Bank of England do not publish a comparable machine-readable series, so those two are read from published tables with a manual override, on both tiers. Paying for Global Net Liquidity Pro does not change a source, add a sixth bank or make any of the five report faster.

Revisions flow through on both tiers too. Central banks restate, and the exchange-rate conversion of the euro and yen legs adds a second wobble that is currency rather than policy. The table and the CSV are how Global Net Liquidity Pro lets you keep a record of what a given week said at the time, which is the only defence against a series that is quietly rewritten later.

Global net liquidity momentum bars and the rolling 90-day correlation against BTC and the S and P 500, the readout Global Net Liquidity Pro carries across every regime — Momentum and the rolling correlation, as the free chart prints them. Global Net Liquidity Pro lets you read the same two panels through the tightening years.

03 — How to use it in a week

A once-a-week reading, with Global Net Liquidity Pro open for the minute that needs it.

The underlying data updates weekly, so the tool is built for a weekly glance and nothing more frequent. Here is the sequence that gets the most out of the paid history without turning it into a screen to sit in front of.

Do this

Read the direction and the weekly change on the headline first, on the free chart or in Global Net Liquidity Pro. The level is a large number that means little on its own; the sign of the change is the reading.
Switch to the ten-year view in Global Net Liquidity Pro and check whether the current direction is a continuation or a turn. A turn inside a regime and a turn between regimes read very differently, and only the longer window tells them apart.
Put one overlay on at a time. Rates first, then the dollar, then CPI. If the liquidity turn lines up with one of them, you have the reason; if it lines up with none, you have a question worth carrying into the Sunday newsletter reading.
Export the week if it mattered. A CSV row and a dated chart image are the record of what you saw, and Global Net Liquidity Pro is the tier that produces them.

Not this

Do not check Global Net Liquidity Pro more than weekly. The series does not change between publications, and a chart reopened daily starts to look like a signal it is not.
Do not expect the correlation to firm up with more history. It usually does the opposite, and Global Net Liquidity Pro will show you that rather than argue.
Do not read a stale label as a reading. If a source has not answered, the chart names it, on both tiers, and a gap is left blank rather than filled.
Do not use it in place of a plan. It is background for a system you already run, and the free tools and the weekly issue are where that system lives.

The global net liquidity headline: the level, the weekly change and the currency, overlay and region toggles that Global Net Liquidity Pro extends with five macro overlays — The headline and the toggles. The overlay menu is where Global Net Liquidity Pro adds unemployment, the dollar index, Fed rates, CPI and M2.

04 — Questions

What people ask before they buy Global Net Liquidity Pro.

Answered against what the tool actually does, not against what would be convenient to claim.

What does Global Net Liquidity Pro add to the free chart?

Six things, on top of everything the free version keeps: roughly thirty years of weekly history instead of three, a ten-year view, five macro overlays (unemployment, the dollar index, Fed rates, CPI and M2), the week-by-week table, CSV export of the full series, and a dated chart image and PDF report.

The line itself is identical. Global Net Liquidity Pro does not use a different sum, a different set of banks or a different refresh; it puts more history and more context behind the same measurement.

How much is Global Net Liquidity Pro, and is it a subscription?

$49, paid once. It does not renew, it is not bundled with anything, and it is not part of DCA Simulator Pro. Buying it creates an account so the purchase can be attached to something, and that is the only reason the account exists.

If three years of history already answers your question, keep the $49. The free chart is the working tool, not a demonstration of one.

Does Global Net Liquidity Pro forecast liquidity?

No. There is no model, no projection and no signal on either tier. Thirty years of history tells you what happened over thirty years; it does not tell you about next quarter, and nothing on this page or in the tool pretends otherwise.

The word EXPANDING or CONTRACTING under the headline is the sign of the week-on-week change in central-bank balance sheets. It is a fact about liquidity, not a view on any asset.

Does the full history make the Bitcoin correlation stronger?

Usually the opposite. A longer window measures the relationship more honestly, and frequently that means showing that it is weaker and less stable than the version presented elsewhere. Global Net Liquidity Pro prints the rolling correlation across every regime rather than the one that flatters it.

If you are buying it hoping the correlation firms up, it may well do the reverse. That is the point of measuring rather than asserting.

Which central banks are in Global Net Liquidity Pro, and are the sources different from the free chart?

The same five: the Federal Reserve, the ECB, the Bank of Japan, the People’s Bank of China and the Bank of England. The Fed, ECB and Bank of Japan come from FRED; the PBoC and Bank of England are read from published tables with a manual override, on both tiers.

That is a real weakness in two of the five legs, and paying does not change it. The Pro tier adds history, overlays, the table and exports. It does not add a source.

Is Global Net Liquidity Pro financial advice?

No. It is a measurement of what the supply of money has done, drawn against assets so you can judge how loosely the relationship holds. It does not recommend buying or selling anything and it knows nothing about your situation.

Everything on this page is educational. Educational content only — not financial advice.