A spoonful of sugar, helps the medicine go down.
(Back) down the liquidity rabbit hole.
Holding pattern as market awaits the Fed.
Aaand that’s the week.
This should have been an uneventful day, but alas.
Muddling through, where that means: voracious rally.
Aaaand that’s the week.
“I gotcha, I gotcha … oops.”
When “selections” become “choices” again, we have to decide whether that’s ultimately a “bad” turn of events or whether it’s just an inevitable (and ultimately desirable) consequence of a return to two-way markets.
Keep the faith?
But still, read it.
It should be fine.
One day on…
Well, he did it.
“While improving manufacturing confidence has recently added to the constructive global risk environment (characterized by dovish central banks, low cross-asset volatility and rising equity prices), a potential increase in political uncertainty in the US may undermine this backdrop.”
“Technical factors and central bank liquidity have allowed markets to suspend disbelief.”