The Market's Looking Past Interest Rates on the Way Back Down

I think tighter credit is going to be an issue the biggest driver of this economy has been zero rates and free money for 13 years and that's not clearly over so pay attention on friday I think that'll be a big big day listen. People are just missing the bigger picture here more regulation is coming we can debate whether that's a good thing or a bad thing but it's clearly coming in the wake of Silicon Valley silver gate and some of these other things the banks first republic although up today I think does not trade particularly well. It feels as if there's still some lurking things out there on the equity front that the market is seemingly looking past with what we see ahead of us which