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But we saved everything 🙂.
The cash bond market was closed today while equities experienced what Tracy Shuchart described as CRWV euphoria.
Shuchart, an independent trader and strategist, added that the equities close suggests risk is being taken off the table ahead of the bond market reopening. She also noted that bond markets do not matter to equities markets until they do, emphasizing that it is generally the velocity of the move in bond markets that has impact.
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Shuchart recently discussed how CoreWeave’s challenges have raised concerns over AI startups accessing junk bond financing. In a separate update, she outlined that Goldman Sachs lifted its crude oil price forecasts citing elevated supply risks. Both topics reflect Shuchart’s focus on sector-specific pressures influencing broader market sentiment.