The Market Is Screaming
The market is screaming
Tech volatility remains elevated, CDS stress refuses to disappear, and China tech is getting crushed. Yet Russell is squeezing higher, institutional positioning has been slashed, and JPM argues equities could withstand 6% yields. Meanwhile, Taiwan's AI miracle is showing cracks, and China is exporting deflation. Extreme divergences, violent rotations and a market sending very different signals beneath the surface.