About us

Liquidity Desk is an independent macro finance publication. We cover capital flows, commodities, equity markets, and the macroeconomic cycles that connect them.

Most financial commentary tells you what happened. We tell you why it happened, and what it means for your portfolio. Our approach is built on reading the underlying mechanics of markets, not the headlines.

What we publish

Every month follows a five-piece structure.

The Global Liquidity Snapshot tracks monetary conditions across the Fed, ECB, Bank of Japan, and People's Bank of China. Global liquidity is the rising tide that lifts all boats, making it the most critical pulse to monitor for any investor.

The Global Sector Rotation Snapshot follows which sectors are leading and which are losing momentum across US, European, and Asian markets. In a changing macro environment, staying positioned in the sectors with the strongest upward momentum is essential for capturing growth.

The Commodity Snapshot reads energy, agricultural, and industrial cycles as real-economy signal. Understanding these trends is vital for anticipating inflation and identifying our current position within the global economic cycle.

The Sector Deep Dive takes the leading sector identified in the rotation analysis and examines it from the inside. What drives its performance? Which companies form its core? What macro and structural forces are behind its momentum? Most investors see a sector move after it has already happened. This series explains why it is happening while it is still in motion.

The month closes with a Historical Parallel, connecting current market conditions to a specific moment in financial history. History rarely repeats itself, but it often rhymes. By identifying these patterns, we can gain a clearer perspective on how today’s complex cycles might unfold.

Who is behind this

Liquidity Desk is run by Tihomir Bachvarov, a Bulgaria-based independent analyst and entrepreneur. My analytical framework was built through years in the real economy and the hard lessons of watching markets behave in ways that mainstream commentary could not explain.

I built this publication because I believe there is a gap between what institutional analysts publish and what an informed independent reader actually needs.

If you want to understand what is really driving markets, then you are in the right place.