It feels reminiscent of early 2021 in many ways with a very hated rally that keeps getting liquidity fuel. Central banks remain biased towards easing and will allow the economy to reflate with liquidity.
![Steno Signals #90 – More liquidity to the most hated rally in recent history](https://stenoresearch.com/wp-content/uploads/2024/01/Steno-Signals-–-Coverart-1080x675.png)
It feels reminiscent of early 2021 in many ways with a very hated rally that keeps getting liquidity fuel. Central banks remain biased towards easing and will allow the economy to reflate with liquidity.