‘Powell QT in full force, TGA liquidity drain,stronger $$, higher rate indirectly drain the liquidity…’

They’re removing money from the system:

TGA filling is just one of many liquidity drain factors the market is currently facing

1) Powell QT in full force,
down ~50B in a wk
down ~100B in last 2 wks + more coming

2) TGA liquidity drain

3) stronger $$
&
4) higher rate indirectly drain the liquidity

5) super bearish🦃 t.co/ayDLYrsBub

— Kerberos007 (@kerberos007) June 4, 2023