Playback speed×Share postShare post at current time0:00/Advanced Topics episodeThe full episode is only available to Advanced Topics subscribersSubscribe to watchLiquidity Trends Are Playing Out But Risk Assets Lag - Advanced TopicsMichael J. KramerSep 12, 2025∙ Paid1ShareThis post is for subscribers in the Advanced Topics planUpgrade to Advanced TopicsAlready in the Advanced Topics plan? Sign inNavigating The MarketSubscribeAuthorsMichael J. KramerRecent PostsThe VIX Looks Too Low as Bond Volatility Begins to Stir9 hrs ago • Michael J. KramerWhy 10-Yr Rates May Be Heading To 5%- Advanced Topics11 hrs ago • Michael J. KramerThe Vol Market Appears To Be Working On A LagAug 20 • Michael J. KramerSemiconductor CDS Are Widening... Aug 18 • Michael J. KramerRates Keep Climbing, And Stocks Stay PinnedAug 17 • Michael J. KramerBond Yields Look Through Weak Data Aug 14 • Michael J. KramerMarket Liquidity Appears To Be Fading Faster- Advanced TopicAug 14 • Michael J. KramerVol Up, Correlations Up, Stocks Up, Dispersion DownAug 13 • Michael J. Kramer