Dollar Liquidity Tightens, Equities Shrug as Markets Hold Their Nerve
Dollar liquidity conditions have quietly tightened over recent weeks, yet equity markets continue to trade with notable calm. For many observers, this disconnect feels unsettling. Historically, tighter dollar conditions have pressured risk assets, raised volatility, and triggered defensive positioning. This time, markets appear composed, almost indifferent, even as funding dynamics shift beneath the surface. The […]