Fed's slashing rates, quantitative tightening finally wraps up, China trade deal is locked in—pretty much everything on the macro checklist just got ticked off. Yet here you are staring at a portfolio down 80% year-to-date. Classic, right? When policies align perfectly but your bags keep bleeding, something's clearly broken in how we're reading the market. The narrative says green light, the numbers say red alert. That's the disconnect nobody's talking about.