It’s difficult to explain it all in layman terms, but I’ll give it my best shot. None of what follows below should be taken as chiseled in stone and it’s only my personal theory. As always do your own research, and if you come up with a better theory be sure to let me know.
After a decade plus of blue balling the bears to the max it appears that the days of reckoning may have finally arrived. Of course we here at Red Pill Quants always knew that it would happen eventually. Even as far back as 2009 when the Federal Reserve panicked and first embarked on its quest to single handedly change the laws of finance and in the process managed to enrich a small group of connected insiders as an unexpected bonus. What we of course didn’t realize back then was how long it would actually take for the bubble to burst.