I see you burrowing into your plaid, sadly flipping through the charts and thinking: "Well, that's it, the markets are dead."

And I have good news for you. It seems that the pump is already on the horizon.

Why? Everything is simple. The Fed has turned on its favorite tool again, the forward guidance.

An 83-page report was released on February 7, which neatly hints at the end of quantitative tightening (QT).

Of course, not directly, but in the spirit of the Fed – as vague and mysterious as possible. But the bottom line is that the markets have been given to understand that financial conditions are likely to soften.

And now let's remember how it works.:

• The Fed does not like to "shock" the markets, so it forms the necessary expectations in advance.

• If they drop the idea that QT is coming to an end, it means that at some point it will happen.

• If QT ends, then liquidity stops flowing out of the markets and... guess what? The money starts going into assets again.

And now add the market sentiment here.

• Everyone is depressed, everyone is afraid that it will get worse.

• People no longer believe in any altseasons, the stock market is cornered, and bitcoin is stagnating.

• Against this background, any positive trigger can trigger a rally.

Conclusion:

I dare say that the bottom has already been passed.

(If I'm wrong, you'll have a reason to throw tomatoes at me)

Tariff FUD played out like the 08-09 crisis, the COVID panic, and the collapse of the yen carry trade. Now the markets just need a new narrative to "fly away" again.

So I don't know about you, but I'm getting ready to move.

The factors BEHIND:

1. 10Y bonds are falling
2. DYX looks weak
3. M2 is growing
4. ATH Gold
5. My left hand itches 😂

Well, or let's keep whining while others are loading up.