Fed tightening is causing liquidity to tighten further at a time when banks/institutions aren’t lending (Aka via reverse repo banks are sending years of QE $ back to the Fed) amid a death of investment/collateral

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The Mayhem Below the Surface of the Stock Market Seeps to the Surface: Now it’s the Giants that Topple

The market finally gets it: The Fed is going to tighten to get a handle on its massive inflation problem.

Since February last year, the hottest most hyped stocks, many of them recent IPOs and SPACS, have been taken out the back and brutalized, either one by one or jointly. The stocks that have by now crashed 60%, 70%, 80%, or even 90% from their highs include luminaries such as Zoom, Redfin, Zillow, Compass, Virgin Galactic, Palantir, Moderna, BioNTech, Peloton, Carvana, Vroom, Chewy, the EV SPAC & IPO gaggle Lordstown Motors, Nikola, Lucid, and Rivian, plus dozens of others. Some of these superheroes are tracked by the ARK Innovation Fund, which has crashed by 55% from its high last February.

Stock market could drop another 10% soon: top strategist

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