🚨 Nearly $2 TRILLION erased across stocks, metals and crypto in just 2.5 hours.



This selloff didn’t come out of nowhere.

Fed Chair Kevin Warsh flagged inflation as “concerning,” September rate hike odds jumped from 34% to 61.7%, and the US 2Y yield pushed to a 1-month high.

Markets are repricing higher-for-longer rates fast.

#WarshJacksonHolePreviewMarketsFocusOnRates
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