@Crypto_Chase There are certainly similarities. Both after a relentless upward PA, one in several months, one in 3 years. And then glitch in equity market caused May 2021 and %50 correction. So another glitch now in equity may result in the same order of magnitude.
@Crypto_Chase Maybe cause crypto acts as a high beta of equity, but with a bit leading in time. So in times where things look shaky, maybe it's a canary in the mine, which tells us what is waiting in risk assets as a broader view. SPX near peak?
@Crypto_Chase Do you think how many times markets can sustain this wind/unwind cycle of loadings?
At some point this emits uncertainity and lack of direction, because nothing is resolute.
Also one can not ignore the damage done yestreday which is substantial in 3 years.
@DntTaxes@INArteCarloDoss I think we should see that with a lens that there are two mandates. And now inflation risk is picking up. That doesn't necessarily mean that unemployment risk is/was in a perfect shape. But somehow two mandates are colliding now.