Macro Note: The macro price action we saw across risk-assets yesterday is notable. On Wednesday we saw sharp reversions in US equities, a strong rally in the Dollar, a fall in Crude, and a fall in Gold / Silver after President Trump clarified that we will not be “invading” Greenland....2 pumpjacks at sunset by vadimrysev via iStock
Read full articleRisk Assets Reprice as Macro Volatility Leads the Tape
Written on 01/23/2026
Bill Baruch

