The global fracture that no one admits (and liquidity is already anticipating)
We are experiencing a market that, on the surface, seems to continue functioning: indices in green, moderate speeches, central banks talking about 'orderly transitions'. But beneath that diplomatic facade, something deeper is forming: a silent global fracture, made up of geopolitical decisions, monetary tensions, and liquidity rotation that no longer respects borders.
What is interesting is not the break itself, but the speed at which global capital begins to behave as if it has already occurred.