As Q1 concludes, corporations are starting to enter the blackout period preventing them from buying back their stock until they've released their quarterly earnings (weeks away for most companies)
That temporarily removes THE most important buying support for shares.
Combine that with other expected net liquidity reductions in Q2, such as the end of the Bank Term Funding Program (BTFP) and the Reverse Repo Program (RRP) running dry, and think could get quite bumpy for financial assets.
After all, Lance has been expecting a ~10% correction for a while now, and the markets have only moved higher -- increasing the odds of a pullback.
For everything that mattered to markets this week, watch today's Weekly Market Recap featuring Lance Roberts.
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