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one of the things that typically happens in these very large moves is that the market creates moves intrinsically what I mean with that is when you look at people who have some kind of positions on those positions then get lopsided um because you know the market moves in the other direction if they move in these magnitudes you on top of that you have Vol spiking you got a docHub V shock um and that forces people to take down their positions overall and obviously they have to sell into a falling Market already or have to buy into a rising market in the case of treasuries um and that then reinforces itself so I think we have we are in a position now where the market moves create Market moves which I think is very important to recognize but as regards the FED um at the moment when you look at the the labor market report in a bit more detail I think there are some legitimate concerns about whether it was actually as weak as it um as it was stylized and I think the FED will look at tha
