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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (197220)3/14/2023 6:52:47 PM
From: sense1 Recommendation

Recommended By
SirWalterRalegh

  Read Replies (1) | Respond to of 220172
 
Note and agree with yours on the apparent oddity of the "relief rally" in the market... today... the market rolling over, purring, and asking the Fed to get its tummy scritched...

I often ignore him... as I think he's not really got a good finger on the pulse of stock traders and stock market psychology, and have won trades often enough by trusting my own judgement and going against his overly mechanistic interpretations of charts, when looking at stocks, or gold / silver...

But, Steven van Metre grew up as a bond trader... and he knows that market, and has a "feel" for it at a depth that I never will have. So, when the issue is down to bond markets, or technicalities in the way that market perceives things... the ripple effects of rates changes, or other technical issues in banking... I will defer to his opinion more often than not... as his perspective is likely better than mine in those things he knows well.

I judge his last couple to be "spot on" in his description of the issues... and in his finger pointing...

Today's is no different in that...

The Banking Crisis is About to Get Worse as Bank Stress is Rising at the Fastest Rate Since the GFC