Like everything Else the 007s are contending with an aggressive FED
which is hell-bent on Full control.
Long End 30/20 Cross, Short end muted to heavily Intervened, to put it mildly.
Regardless - in Real Terms, Inflation continues to Eat and Feed on everything.
___________________________________________________________________
Even the DX is confused as to where to go and what to do there.
Crypto continues to perform its SOAK FUNCTION.
Sopping up excess liquidity in order to prevent errant behaviors elsewhere,
by example AMC GME NOK and Penny's.
____________________________________________________________________
Keeping everyone and everything in a "Manic State" is working well for them.
Not so much for Us...
which is hell-bent on Full control.
Long End 30/20 Cross, Short end muted to heavily Intervened, to put it mildly.
Regardless - in Real Terms, Inflation continues to Eat and Feed on everything.
___________________________________________________________________
Even the DX is confused as to where to go and what to do there.
Crypto continues to perform its SOAK FUNCTION.
Sopping up excess liquidity in order to prevent errant behaviors elsewhere,
by example AMC GME NOK and Penny's.
____________________________________________________________________
Keeping everyone and everything in a "Manic State" is working well for them.
Not so much for Us...