Financial Stress - Problematic

9 Ara 2021

For 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.

____________________________________________________________________


Asset Prices cannot withstand uncertainty.

IN 2019 the FED Leaked to GSCO they would Hike Rates 4x's.

Instead, they Cut 2 x's.

_____________________________________________________________________


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.

_____________________________________________________________________


Undercurrents....

9 Ara 2021

Not

PBOC liquidity management #2 Update - reduces internal Dollars and FX Currencies Forcing a Yuan Devaluation.