It's The Liquidity, Stupid
While the S&P 500 appears poised to pick a medium term direction, the US Treasury's cash account is at half-decade lows. What could possibly go wrong?
It’s been far too long since I dove in on some broader market happenings here on Heretic Speculator. My general thinking on the index could be summed up this way; I have no idea which direction the S&P is going, but I suspect upside could be fairly limited from here. Believe it or not, when I’m not busy ranting about fiat Ponzi schemes and meme coins mo…
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