Market fundamentals continue to pile up on the negative side. ECB sits on its hands—i.e., does nothing new—and the Fed slashes liquidity, all while commercial real estate loan losses mount, retail mortgage delinquencies soar at a record pace, and the $600/week for numerous Americans ends in two weeks.
Once people are finished asking questions about how the breach could have happened to begin with, we wouldn't be surprised to see people demanding answers about how such moderation tools, if they truly exist, are being implemented...