Is the US economy being run too hot, Pt. III?

Darius breaks down why the U.S. economy may be running too hot from the perspective of the monetary policy and liquidity cycles, and why that backdrop could force a more hawkish Fed pivot in the months ahead. He also explains the critical difference between corrections and crashes, how crowded positioning amplifies market moves, and why investors should closely monitor inflation, liquidity, and policy dynamics beneath the surface of the AI-driven bull market.