Ithaca Protocol
@ithacaprotocol
đIthaca Protocol Market Update âș Art of the deal on steroids. Tactics to be debated; long-term strategy (?) clearer âș Historic market moves; crucial to note 10y UST auction did well before Trump announcement âș Trump pre-announcing his move as a â good day to buyâ ; he follows the bond market closely âș Still a big potential effective tax hike but with the Damocles sword hovering over market sentiment; fiscal boost by Congress a higher probability event âș With Trumpâs KOL skills battered but mostly intact, he does need to help his son Eric whose â ETH being a good buy at 2650$ â tweet hasnât aged well; watch him lending a hand here. This is not the time to short âș â Market liquidity still bad in bonds, treasuries still cheap, flight to quality characteristics have been damaged, but there will be recovery âș â GS reverted recession call within 73 mins, JP Morgan still calls for one
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