I suggest that M&A Teams have used this to prep their teams....deals in the beaten down biotech group makes sense to me!
I would think that the $XBI has many thinking the same....so pop up deals might be seen this year.
I also think that the INFLATION scare in commodities has been most likely stretched out too far. Check LUMBER prices at the high $1200 now around $600.....if I'm right, we'll see oil, natural gas, grains, etc. following suit...
Someone offered to sell me a bridge with that thought and I suggested waiting 6 mos. to see....I do read all of your posts and have absorbed most of your insights as best as I can! Thanks.