It's been an interesting couple of days in the markets. We had Corporate tax day on Monday (which means I worked all weekend), repo rates going crazy (related? Maybe!), and then the Fed coming out today saying they are cutting rates again.
But this is just a mid-cycle adjustment!
Oh, and they are going to start printing more money again "soon."
Only time will tell if this is the peak moment, but it's sure looking not-so-good out there.