Lesson 1

The 5-Basket Framework

The 5-Basket Framework is a systems approach to understanding the liquidity-driven economy.

Lesson 2

Basket 1: Macro Regime Metrics

Basket 1 is the foundation.

Lesson 3

Basket 2: Technical Analysis

Basket 2 tells you what price is doing independent of your fundamental view.

Lesson 4

Baskets 3-5: Sentiment, Fundamentals, Positioning

**Basket 3: Sentiment** Sentiment is contrarian at extremes: - VIX > 30: Fear extreme, often marks bottoms - VIX < 12: Complacency, vulne...

Lesson 5

The ~65-Month Cycle

Michael Howell's research identifies a ~65-month (5.4 year) global liquidity cycle driven by debt maturity walls and refinancing needs.