Playback speed×Share postShare post at current time0:00/Paid episodeThe full episode is only available to paid subscribers of Navigating The MarketSubscribe to watchStocks Fall As Liquidity Drain Ramp-Up Takes HoldMichael J. KramerJul 07, 2026∙ Paid5ShareThis post is for paid subscribersSubscribeAlready a paid subscriber? 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