The S&P 500 and NASDAQ both closed lower today (-0.84% and -0.93%, respectively), continuing a choppy, directionless grind that has left bulls frustrated and bears exhausted. While the mainstream narrative blames seasonal volatility and overbought conditions, the real story is far more ominous—markets are ignoring systemic cracks beneath the surface. 1. Liquidity Illusion Masks Weakness The recent rally has been fueled by passive flows, buybacks, and a desperate hunt for AI-driven growth, not organic earnings strength.
By Broke Warren, Crypto Analyst
By Broke Warren