Its Over, page-25862

"Down-in-yields, down-in-stocks…ominous price action reminiscent of 2000, 2002, 2008," per Bank of America
https://x.com/unusual_whales/status/1902313349435535843

The Fed put is dead. Long live the Fed put. Taking down growth numbers while raising inflation numbers the policy response was to slow QT hard. That's beneficial to incremental liquidity & sets expectations that the Fed is concerned about overnighting. Dovish put, hence rally.
https://x.com/NorthmanTrader/status/1902439515710468344