The 'April 2nd Liberation Day' incident (Trump's policy announcement causing simultaneous stock, bond, and dollar selloff—classic emerging-market capital flight behavior) was defused within 6 trading days when Treasury market dysfunction reached levels (MOVE index ~178-187) that humans cannot tolerate in a levered system, forcing policy reversal.
factualpending
Speaker
Luke GromenEvidence Quote
“stocks down, dollar down, bonds down, right? So that that is emerging market third world capital flight behavior... for like five straight trading days... and then Trump tacoed, right? Trump always chickens out. Why? Because the United States Treasury market, the deepest, most liquid market in the world, dysfunctioned so severely... Harley Bassman created the move treasury volatility index... on April 9th literally seven trading days later... he publishes the move volatility intraday index and it's like like 187 or one 178... he goes literally humans cannot deal with that kind of volatility in a leveraged system.”
Created: 8/12/2026, 10:18:48 PM
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