Interesting insight. The Bank Crisis did for Inflation what the FED could not. that's their theory anyway. We are rallying because all competition to stocks is reversing. Dollar, Bonds, Oil.
Their notion that a bank run that was quickly squashed was enough to get the consumer to contract. The other argument is that banks own problems will force them to be more stringent on loans and present higher costs. They believe the crisis will stop inflation. China and the so called mixed economic readings makes no sense. they should be spending after a 2 year lockdown.
The beauty of a crisis is that any data point before that crisis will also be ignored. We should have a sideways to bullish run till early May at the earliest. heck it took 5 weeks for a known Pandemic to strike us.
News 
Market Data 
Discover 
