When I saw this chart, it reminded me how quietly cycles repeat. There’s always that moment no euphoria, no mania just exhaustion before policy flips. 2019 proved that tops can form in silence, not hype. When QT ends, liquidity shifts fast, and that’s where the next real move usually begins.
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When I saw this chart, it reminded me how quietly cycles repeat. There’s always that moment no euphoria, no mania just exhaustion before policy flips. 2019 proved that tops can form in silence, not hype. When QT ends, liquidity shifts fast, and that’s where the next real move usually begins.
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