Central banks are playing whack-a-mole with market expectations right now. Look at the Fed — their December rate cut probability pinballed from 80% down to 30%, then somehow bounced back to 100%. Absolute chaos in the messaging department.

But wait, there's more. The Bank of Japan just pulled an even wilder move. Ten days ago? Rate hike odds sitting at a comfortable 20%. Today? They've rocketed to 80%. That's not policy guidance, that's a slot machine.

When the world's major central banks can't keep their story straight for more than a week, you know volatility isn't going anywhere. Traditional markets confused, crypto markets... well, you can imagine.