Financial Stress - ProblematicFor the First time since FEB of 2020, the Stresses are now beginning to mount.
The highest ROC since the beginning of this prior 30% Decline.
GSCO has leaked a 2X acceleration for the TT - courtesy of the FED.
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Asset Prices cannot withstand uncertainty.
IN 2019 the FED Leaked to GSCO they would Hike Rates 4x's.
Instead, they Cut 2 x's.
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TwoLip Mania cares about the FED's Policy, although it appears Good News remains
Bad News.
Inflation is feeding upon itself - the FED is willing to tolerate Inflation until it unsettles
the Hoi Polloi and their overlords.
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Undercurrents....