Republic: 2:35 and After
It's been a very predictable pattern. It'll get worse before it gets better.
Dear Fellow Expat:
Well, it happened again. Follow the market at 2:35… and then get out of the way at 3 pm. This has been a very reliable trade, as the lower volumes makes it solid conditions for the funds to cover shorts. But then… like clock work - the institutions use this pop to sell.
This has happened in almost every Fed meeting since 2022.
Basic ob…
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