Chain of causes
Definition · Level 11 · Interview practice
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Explaining a market move as a sequence — news → what the market now expects → rates → FX → equities and commodities — instead of a list of unconnected facts.
Example
Hot CPI → fewer cuts priced → 2-year up → dollar up → growth stocks and gold down.
Where Tradecraft teaches it
Level 11 · Interview practice, in the lesson “Markets awareness: the numbers on the day”: Which numbers to check the morning of the interview and where, the definitions and relationships that don't go stale, and how to explain a move.
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