Weak Employment and Housing, Yet a Massive Stock Market Advance + Volatility Crush. What Gives?
June 13, 2025
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Show Notes
Employment growth is very weak and there are plenty of worrying signs in both these numbers and housing. Yet the past nine-weeks have seen an absolutely monster of a stock market rally accompanied by a record-setting volatility crush (-63%!). Are central banks directly intervening to set market prices?