The markets don't seem to be too concerned about the regional banks apparently. As I mentioned in my earlier post, the svb crisis will force the fed to reconsider their aggressive rate hikes and I expect the next one will be a quarter instead of a half which is now being widely anticipated by the markets and causing the surge today. The svb crisis will have done all investors a favor by forcing the fed to slow their aggressive hikes and continue the battle against inflation in a more rational and reasoned approach.
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