So, we now have a Fed chair who blames the Fed for inflating stock prices, argued repeatedly for letting more firms fail and criticized the SVB rescue.
If I were in the market I would need to see proof before I believed anything was going to change, but I don’t think it’s so obvious any more.
Matt Peterson
Just heard during a financial television interview on equity investing: “ANY pullback is an opportunity to buy.”
This echoes quite a broad market belief -- conditioned by years of policy puts and outcomes-- that has increasingly ensured market corrections are remarkably limited in both...
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