Playback speed×Share postShare post at current timeShare from 0:000:00/0:00Advanced Topics episodeThe full episode is only available to Advanced Topics subscribersSubscribe to watchCycles Warn of End of Year Pain Trade - Advanced TopicsMichael J. KramerOct 02, 2025∙ Paid21ShareThis post is for subscribers in the Advanced Topics planUpgrade to Advanced TopicsAlready in the Advanced Topics plan? Sign inNavigating The MarketSubscribeAuthorsMichael J. KramerRecent PostsThe Fed May Be About To Embark On Major Regime Shift- Advanced TopicsJan 30 • Michael J. KramerThe Risk No One Is Pricing: Higher Global Rates in 2026 - Advanced TopicsJan 23 • Michael J. KramerLiquidity Conditions May Begin to Tighten as Treasury Bill Issuance Resumes - Advanced TopicsJan 16 • Michael J. KramerThe Hidden Pattern in Volatility Skew Most Traders Miss - Advanced TopicsJan 7 • Michael J. KramerFalling Inflation Expectations and the Risk of Rising Real Rates - Advanced TopicsDec 17, 2025 • Michael J. KramerHistorical Steepeners Signal Equity Market Vulnerability - Advanced TopicsDec 5, 2025 • Michael J. KramerThe Hidden Liquidity Drain Driving Market Volatility - Advanced TopicsNov 21, 2025 • Michael J. KramerTech at an Inflection Point and the Search for the Next Decade’s Leaders - Advanced TopicsNov 14, 2025 • Michael J. Kramer