When expectations for a change from the status quo out of the Fed meeting are nil and yet you’re still clamoring for the minutes and subsequent presser, you know you’re missing the frenzied nature of the market for much of 2025. The relative calm lately persisted today, as investors grapple w/ a market primed for a bounce vs the potential for further deterioration. Today more resembled the former. Elements of the FOMC were largely unchanged but just as rock beats paper, it was determined liquid…
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