POPA ReconLast week, the market sold off into the FOMC and bottomed on decision day: the S&P printed a 7-week low, with equity fear spiking. Four…
Last week, the market sold off into the FOMC and bottomed on decision day: the S&P printed a 7-week low, with equity fear spiking. Four sessions later, we saw new highs. The decision to hold rates steady appears to have been the risk-on signal the market was waiting for Quoting @glassnode: Global markets broke to records while Bitcoin stood still. This edition traces that stillness: a theft the market slept through, bottom signals arriving through boredom and an options market priced for nothing while sentiment reacts to everything. http://x.com/i/article/2084996338773864448
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