$21 trillion dollars wiped out from the market in the last 3 days.
Gold is down 12%
Silver is down 36%
Stocks dropped 4%.
Bitcoin dropped 13%.
Microsoft dropped 13% (biggest drop in 6 years)
This wasn’t a random move.
It was calculated.
Here’s what happens next:
We are entering the "Air Pocket" phase.
Order books are vanishing.
Market makers are pulling bids to save themselves.
Result: Prices gap down 2-3% on zero volume.
Fundamentals don't matter anymore. Volatility does.
Watch the High Yield spreads.
If they blow past 500bps, this isn't a correction.
It’s a solvency event.
That’s when the forced selling starts, targeting private credit and illiquid real estate.
Then comes the "Dollar Doom Loop."
Everyone scrambles for cash -> DXY rips higher -> Earnings get crushed.
Do not expect a Fed rescue.
History is clear: They don’t care about stock prices.
Until something breaks in the bond market, you are on your own.
We likely need another 10% flush to force their hand.
Sit on your hands.
Consider diversifying out of USD (Swiss Francs / Euro).
