The current liquidity crunch is, simply put, man-made. The solution is also very straightforward: 1. The U.S. government quickly resumes operations, and the Treasury's TA account starts injecting funds. 2. The Federal Reserve steps in urgently to rescue the market, immediately initiating rate cuts and QE. In other words, both Trump and Powell have the ability to resolve the liquidity crunch right away. But they’re doing nothing, still stuck in partisan battles and preparing to shift blame onto each other. Let’s see who caves first and surrenders—that’s where the solution will come from. Tonight’s ADP data will likely hand the Fed another excuse for a rate cut. Let’s see if Master Powell takes the bait.