The “index optics” crowd can keep coping. Today the plumbing talked: VIX +12%, Brent back over $100, DXY camped at 100, and yields still elevated. Add a war-risk premium plus private credit stress and you get a tape that’s not done. Here’s the full systems read using my screenshots + the Mar 12 news flow.
Mar 12, 2026 Market Wrap (Late Print): DXY 100, Brent 100+, VIX 27, and Why I’m Watching SPY for Another Flush
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