Fed discount window use drops 21% signals quiet liquidity drain. NASDAQ moves in sync with Fed discount window 70–80% correlation

More data: The NASDAQ appears to correlate roughly 70–80% with changes in the Fed’s discount window usage—markets tend to rise when liquidity rises and fall when it’s pulled back. pic.twitter.com/rjmIWWKCuW

— The Coastal Journal (@1CoastalJournal) May 22, 2025