
The 10 Most Interesting Things We’ve Read Recently (FFTT, 11/18/22)
“The FTX saga…is yet another signal that the COVID bubble is collapsing and at an accelerating pace.” (Page 2) “Last week saw the biggest liquidity injection into financial markets since 2021” (Page 4) “This is the only time in history in a top 20 drawdown for stocks where USTs during that drawdown for stocks performed WORSE than equities.” (Page 6) “In recent months, liquidity in the UST market has deteriorated further. This recent development is