Garrett Baldwin believes market momentum and behavior are primarily driven by liquidity conditions rather than fundamental analysis.

“my my thesis kind of comes back to monetary support, liquidity, and what the Federal Reserve is doing and what Japan has been doing.”

The current market is facing a potential liquidity crisis exacerbated by high levels of margin and funding stresses in repo markets.

“Well folks, we might be at the beginning of a doom loop of a liquidity crisis. And in this segment, we're going to explain what that means and what that could mean for the stock market. Now, we've been talking about these potential liquidity issues over the last few weeks on the channel.”