Liquidity is oxygen.
Without it, volume and volatility wane.
And investors move back towards safety on the proverbial risk curve.
Until liquidity re-accelerates, expect sideways-to-down price action in risk assets and #bitcoin.
🔥🦀🔥
(Not ind. investment advice.)
Assumed this was a post about housing…
The State owns ~$13.3T of MBS
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