New highs – lows peaked the week of the election and are now negative. The election gap that was a bear trap on the way up, will be a bull trap on the way down. Bank reserves drop below $3 trillion, nearing pre-March 2023 banking crisis levels.

The S&P 500 is at the same level today as it was on the day after the election. It has gone nowhere for two months, amid EPIC levels of bull shit. New highs – lows peaked the week of the …

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