St. Louis Fed Financial Stress Index
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Financial Stress - Problematic

113
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.

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Asset Prices cannot withstand uncertainty.

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

Instead, they Cut 2 x's.

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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.

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Undercurrents....

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

Penafian

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