What intrigues lions is how when the stonk market rises, it isn't pricing in a .75 point hike like the status quo but a very dovish pivot to 0 points.  When it finally gets confirmation of the status quo, it crashes.  The stonk market rises are corresponding to the most bullish outcome.  If they were pricing in any less, it wouldn't crash as far as it does.  At the same time, equilibrium after all the monetary policy finishes is closing in on a 32 handle so if it's below a 32 handle, why aren't you buying or at least buying proportionally to the amount below 32?  Of course, never forget the fed's past tendency to tighten until something breaks.

The lion kingdom's belief is nothing in cash counts as long term net worth & net worth in the fullness of time is only what  you have in assets.  The world can't afford to manetain the long term value of cash while also providing welfare to those in need.  The cash positions are all a comfort blanket but expected to go to worthless over time.  Lions remember having $15,000 for the 1st time & thinking that would cover a whole year.  Now it wouldn't even cover 3 months.  Then there was the memory of guys bragging about buying houses in cash for $200,000.  Now that wouldn't even buy 1/3 of a house.

Suspect hidden behind today's downturn was a selloff of the fed balance sheet.  The lion kingdom suspected a 31 handle is near the bottom & began pivoting to buying positions based on time rather than price.

If the stonk market really crashes hard, there will automatically be deflation & a rapid reversal of interest rates.

Lions didn't pay attention to the start of Rossguy & Erica, but noticed him keeping the latest one off camera.  She sounds black, young, & skinny, at least under 30.  She might be a student at the U of T.  She sounds pretty dumb.  As usual for any relationship, there's no chemistry.  She's there to make babies.  He's there to win the bread.