Daily Fiscal Pulse for July 17th, 2026. Net fiscal transfer: +$5.7B | Regime: Restrictive Fiscal drag present but easing; watch for regime turn. Data source: US Treasury Daily Treasury Statement (DTS) Analysis framework: Reserve mechanics / sectoral balance approach Reserve Flow Analytics https://reserveflow.info #FiscalPulse #Treasury #DTS #Macro #Liquidity #SPX #ES #Shorts