ARB Letter

ARB Letter

Stocks On Sale, Demonic Centaur Robots

572: Markets Falter, Federal Reserve Holds Steady

Arbitrage Andy's avatar
Arbitrage Andy
Jul 30, 2026
∙ Paid

Good morning lords.

Yesterday over $1,000,000,000,000 was wiped from the US stock market on the heels of the Federal Reserve’s FOMC meeting in which officials held interest rates steady but delivered a more hawkish than expected message, with Chair Kevin Warsh offering little indication that rate cuts are imminent.

We’re witnessing some absurdity in marke…

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