Money Temperature · Mixed / transitional — 1 heating / 3 cooling
Regime read: Mixed / transitional (low). Largest swing: De-dollarization -34.00 (cooling).
Money Temperature 4-metric read for July 22, 2026. Regime: Mixed / transitional.
Heating (1): Risk vs Haven.
Cooling (3): De-dollarization, Duration Rotation, Tech Premium.
Full reading: · De-dollarization — -34.00 (cooling) — >0 = dollar weakness · Duration Rotation — -19.00 (cooling) — >0 = flight to quality · Risk vs Haven — +11.00 (heating) — >0 = risk-on, <0 = haven bid · Tech Premium — -11.00 (cooling) — >0 = AI premium, <0 = rotation out
→ closelook.net/lab/temperature/