Go with the Flow…
Model Hedges are not working, so unless this pattern changes today will be looking to undo them by close today.
If the economy and markets are feeling a bit strange to you these days you are not alone. Lies and false statements put out by the White House and Treasury predominate. So, for the moment you have to trade the lies as real numbers. Down the road at some point the truth will be revealed. Then what you will be looking at is an “Enron” moment for the markets.
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