Liquidity is one of four dimensions; the headline call carries hysteresis
The Macro section has four dimensions: Liquidity, Economy, Inflation & Rates, and Sentiment.
While a score hovers around a threshold, the headline call does not flip several times in a week — it has to clear a buffer band before it changes its mind.
The cost is that it admits a turn a day or two late. What you get for it is a call that does not contradict itself. The underlying series keep updating daily; the hysteresis applies only to that one headline sentence.
Last updated 2026/9/4. For reference only, not investment advice; if it does not match reality, please send feedback.