Heads up if you missed it: The Fed confirmed they are injecting liquidity by purchasing $40 billion in short-term Treasuries over the coming month.
Operations officially started today, Dec 12.
While the market is focusing on Powell's comments, the plumbing is getting fixed. The effects of liquidity ops usually lag by a few weeks.
The red candle is just Santa's hat, the green Christmas tree is being printed in Benjamins.
TLDR: Santa is coming to town, red hat to go down first 🔺️🎅, before full christmas tree green up 🎄💸