Playback speed×Share postShare post at current time0:00/Paid episodeThe full episode is only available to paid subscribers of Navigating The MarketSubscribe to watchThe Liquidity Drain Begins Next Week, As The Market Continues To Stretch Michael J. KramerJun 30, 2026∙ Paid21ShareThis post is for paid subscribersSubscribeAlready a paid subscriber? Sign inNavigating The MarketSubscribeAuthorsMichael J. KramerRecent PostsBond Yields Look Through Weak Data 2 hrs ago • Michael J. KramerMarket Liquidity Appears To Be Fading Faster- Advanced Topic4 hrs ago • Michael J. KramerVol Up, Correlations Up, Stocks Up, Dispersion DownAug 13 • Michael J. KramerThe Dispersion Unwind May Still MatterAug 7 • Michael J. KramerPayrolls Miss As A Shrinking Labor Force Becomes The Real Story - Advanced TopicsAug 7 • Michael J. KramerWages Are The Thing To Watch In Tomorrow's Jobs ReportAug 6 • Michael J. KramerHigh Yield Isn’t Confirming This RallyAug 5 • Michael J. KramerSemiconductors Lead The Rally Aug 4 • Michael J. Kramer