US session flows is underpricing treasury policy

Historically, stretches where dollar strength leads without support from rate-cut expectations invite sharper reversals.

That debate sits next to today’s market focus around “Is $1.5 Trillion Too Much for Anthropic? Some IPO Investors Think So.”

Revisit assumptions weekly; markets change faster than slogans.

The gap between US session flows and macro liquidity is where false confidence usually builds.

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