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Animal Spirits Running Loose

This week we discuss USD weakness, the center of the USD smile, the ipmortance of the March 12 CPI release, the BOJ and much, much more.

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am/FX

Many frustrated

Many are asking what the fudge as vol sags and equities won’t give up the ghost

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friday speedrun
Friday Speedrun

Hormuz Control

Smells like Liberation Day.

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am/FX

Smells like Liberation Day

The rally in April, May, and June 2025 was much despis’d, just like this one

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