Default or Goldilocks?

Decision Time Is Approaching

Goldilocks Market= When rate hikes are paused at terminal rate and markets rally until Recession hits.

Debt Default= Financial Hell and then Money Printing (can is kicked down the road again)

As we all know, monthly option expiration (MOPEX) is this Friday (May 19th.) Major Pivot in the markets coming up as underlying pressure is released and market makers shift. Where will the liquidity come from and when? TGA account is nearing 0 and it needs to be filled.

h/t @bagholderbear (source)