I’m starting to notice something interesting…
Liquidity is coming back.
We’ve seen this before.
In 2019, the Fed expanded its balance sheet — and markets responded fast.
Now again…
Since December 2025, about $160B has been injected back into the system.
That’s not small.
When liquidity increases, banks have more reserves.
When reserves increase, money starts flowing.
And when money flows… markets don’t stay quiet.
I’m watching this closely.
Because moves like this usually don’t give second chances.