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Bank Rally Boosts Stocks

MRKT Matrix

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The Fed's Dual Mandatory

The Fed broke something but they've sort of short up that portion of the dam right. The banks were concerned that depositors were going to flee okay they fixed that problem so if that problem is fixed as they've said it now is fixed by senses why should they stop raising rates on the course? I'm obviously not a Fed official but that's one other way to look at this thing and it's a lot of people who are not going to do that. If you think about what's going on here given the extraordinary measures that the FDIC is interesting that the S&P is up 3.5% of the year the NASDAQ is up nearly 15.5%. You could say

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