Web Reference: Jan 27, 2026 · In this episode of Milk Road Macro, Michael Green breaks down the passive bid, the force reshaping modern markets, and explains why price discovery doesn’t work the way most investors think it does anymore. In this episode of Milk Road Macro, Michael Green breaks down the passive bid, the force reshaping modern markets, and explains why price discovery doesn’t work the way most investors think... Jul 13, 2025 · But Mike Green’s explanation of exactly how this passive bid could unwind—and what it could mean for the stock market—sits perfectly at the intersection of “totally reasonable analysis” and “far worse potential scenario than I ever imagined.”
YouTube Excerpt: In this episode of Milk Road Macro, Michael Green breaks down
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