Markets in the Black with the Economy in the Red?

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-vol has been crushed, possibly too far…
-one last hurrah in bonds?
-does anything but the Magnificent 7 matter?
-will markets hold it together till year-end?

SPX Expected Move —
-last week – 48.53 (3 1/2-day expected move)
-next week – 46.29 (5-day expected move)

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