What Kills Markets First, Inflation or the FED?

--No easy path forward for the markets
--FED will "break things"
--lower volatility on heavy selling
--SKEW low, obscure options volume in the SPX
--yields inverted, bonds tanked and rebound
--energy sees the economic slowdown coming
--crypto stability evaporates
--metals holding up in a strong dollar

SPX Expected Move--
--last week--  131.85   (expected move)
--next week-- 120.79   (expected move 4 day trading week)

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