Can you give more info about this? Where did you get it from?
Kinda funny actually.
We spent years honing in figuring out the market (quants) and had roughly 80% of the math worked out and supported, then came along Raul Pal, and dropped the final piece of the jigsaw that basically explained the last stretch of the gains in the market (left on the table).
Market is purely driven by refinancing the debt, and this is supported by the CB Balance Sheets.
To get to the number which is based on the ReFi cycle which is actually between 8-9 trillion when we first had it worked out, has since increased to 12 trillion based on the huge amount of debt accumulated under Bidenomics, initially you can't get the data outside of Bloomberg Terminal, or rather at least in-time actionable as in figuring out how to put it to work, so you work of a number of leading indictators.
However just yesterday I was watching Peter Schiff, and he mentioned fast forwarding the debt clock, they are using the same math.
So a simple way - Debt clock fast forward.
For actionable trading, do the leg work because the debt clock is lagging based on past data, otherwise solid.
Oh and check out the PDF i've shared in here a few times...