Без кейворда
See also Karoline Leavitt: "we had a very stupid and incompetent leader in this White House for four years who gave away many of our best weapons for nothing, for free, to another country very far away by the name of Ukraine."
That program dies at midnight. Quantitative Tightening is over. The numbers tell the story no analyst predicted would converge this fast:
Fed December rate cut probability: 86.4 percent. Consumer sentiment: 51, the second lowest reading in recorded history. Manufacturing contracted eight consecutive months. ADP preliminary data signals negative job growth at 13,500 weekly losses. And yet. The pivot arrives not with crisis, but with calculation. The Fed determined reserves reached “ample” levels before markets forced their hand. No repo spike. No 2019 repeat. A controlled landing into neutral. What happens next reshapes everything. Treasury funding pressure eases as the Fed stops absorbing supply. Liquidity flows reverse direction for the first time since 2022. Risk assets no longer fight a shrinking balance sheet. December 9 brings the final FOMC decision of 2025. A cut to 3.50 to 3.75 percent is nearly locked. But the real event already happened. Today. The structural regime shift from extraction to equilibrium. The implications cascade across asset classes. Bond yields lose their largest systematic buyer turned seller. Equities face one less headwind. Dollar dynamics shift as rate differentials compress.
See also Holy Sh*t. This is brutal. I’ve never seen him get booed this much.This is not a prediction. This is a timestamp. The tightening era that defined 2022 through 2025 concluded at the turn of this month. Markets priced for scarcity now operate under different physics. Those positioned for the old regime will learn the new rules the hard way. The calendar just changed. So did everything else.
Load CommentsTrending:
CWR's survival hinges on your support. We're close to our funding goal. Your donation or subscription is vital for our continued work.
Recent Posts:
- Second global chokepoint faces disruption risk as Houthis escalate and Red Sea tensions rise
- Russia sells gold while banning exports, Singapore builds massive vault capacity for global reserves
- US weapons credibility is getting hit from all sides
- Why would a country do that to itself?
- There’s No Easy Way Out for American Families
- Heads Up
- Latest
- Marco Pulse
- Market Signals
- Member Only
- Premium
- Sensitive