It’s clear now in hindsight with all the late cycle indicators flashing pink, that the pandemic was not a real bear market. It was merely the pullback previous to the ultimate melt-up of the post-Lehman rally. A large sugar rally fueled by unprecedented stimulus
If you happen to assume everyone seems to be shopping for places simply take a look at $VIX. It is a very complacent atmosphere nonetheless pic.twitter.com/kXLDUrPE36
— Reformed Tr🅰️der (@Reformed_Trader) September 15, 2022
Fundamental indicators recommend dealer maintain shopping for name choices regardless of the drawdown.. actually no worry
— 🅰🅻🅴🆂🆂🅸🅾 (@AlessioUrban) September 16, 2022
$3.2 trillion in choices are to run out at the moment, per Bloomberg.
— unusual_whales (@unusual_whales) September 16, 2022
Repo market is changing into illiquid because of the Feds QT. Final time the Fed tried to taper at half the speed the repo market utterly froze over