The U.S. M2 money stock (seasonally adjusted) — currency, deposits, and other liquid balances — published in the Federal Reserve's H.6 release.
M2 is a broad measure of money in the economy; its growth rate is widely watched as a liquidity condition.
Liquidity is one of the conditions observers read alongside risk assets. We present the level as backdrop — a condition, not a cause of any particular price move.
Descriptive context, not a forecast or a recommendation. We show conditions and let you draw the connection; we do not assert that this indicator moves any price.