All markets turned red yesterday in a strange, collective plunge across the financial markets. Markets don't like surprises, but they hate disappointment even more. The simultaneous mass decline (Bitcoin, gold, silver, and Nasdaq) wasn't random selling, but rather a harsh and rapid "repricing" of reality. What's the story? Markets had high hopes for Kevin Hassett as a potential candidate to lead the Federal Reserve. He's known in financial circles as a friend of liquidity and a proponent of lower interest rates. In short: he's the man the markets love. But as soon as President Trump commented, "I want to keep it where it is" (meaning he wouldn't move it to the Fed), the assumption of "easy liquidity," which the markets had already priced in, collapsed. - Analytical Depth: The simultaneous and volatility of gold, Bitcoin, and tech stocks moving in the same direction tells us a fundamental truth about the current market structure: We don't live in a market driven solely by corporate earnings or the scarcity of precious metals, but rather a market "addicted" to liquidity news. When investors sensed that the tap of monetary easing might not open as they anticipated, they favored cash (dollars) and sold everything else. - Conclusion: These volatility movements are a reminder that macroeconomics is currently the primary driver. Don't succumb to momentary panic; markets always overreact. But understand the message: Liquidity is king, and any threat to it means extreme volatility. Share this article with your friends to spread the word.