The Fed's Fear of Panic

Over the last two years when this started it maybe you've seen a cut one or one and a half panic sell days at most. People didn't want to get burned on that side again of course the difference now is the Fed was your friend then which I should have taken into consideration they're not your friend now. The banks are clearly taking another leg lower as I look now first republic down 44% from its all time high. There's a lot of other regional banks that have a lot of these other assets that will not be able to hold them to maturity.