"Most of us have been conditioned to believe human life is best organized at scale... operating under a single overarching centralized government structure in charge of micromanaging society from the top down... I consider this paradigm outdated, unnatural and increasingly dangerous."
In just 4 trading days, the S&P 500 "bull market" which has purchased by central banks with trillions in liquidity and by companies with even more trillions in buybacks, will become longest of all-time. What happens then?
The “regime change” is likely reflecting that “Domestic / U.S. Inflation Expectations” are no longer dictating global asset prices as they have for much of the past few years across both Fixed-Income and Equities.