from Zero Hedge
With every passing day, the bizarre freakshow that was once known as the “market” gets even more bizarre.
And we use the term “market” only in its loosest, legacy sense, one where it represented more than just the centrally-planned intentions of a few central bankers and politicians. Why? Because as BofA’s CIO Michael Hartnett reminds us in his latest Flow Show report, the disconnect between macro and markets has never been greater – i.e., they have never been more broken – but that is to be expected for the following three reasons: