Markets tanked in 1Q18, 1Q20, 1Q22. And there are signs everywhere that the pattern is going to hold into 1Q24.
https://creditbubblebulletin.blogspot.com/2023/12/weekly-commentary-2023-year-in-review.html Amazingly, the MMF complex has become the predominant financier to one of history’s greatest leveraged speculations – a speculative Bubble now at the heart of ongoing government finance Bubble “terminal phase” excess. Even more stunning is the lax regulatory environment for such a critical – with well-recognized vulnerability – financial system focal point. And …