Modern Macro Technologies
Research · · 4 min read Members

03/04/2025 Market Update

A midweek note on the tariff-driven selloff: dealer hedging in a negative-gamma tape, fiscal flows and near-4% loan growth set against bearish sentiment at 2022 extremes with the market roughly 5% off its highs.

Douglas
Market Update — Tuesday, March 4, 2025
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