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Jerome Powell's Bearish Sentiments
Markets were slightly ahead of the game in terms of pricing in some of these banking issues. Negative news brings a high low, and we got it with looks like we've got a low in March. I think Jerome Powell is probably feeling quite good about himself. Everyone believes that he's going to hold interest rates very high for, you know, until something really does collapse. But I think he's smart enough to know when he's wrong and backing away from his short positions. What just the sentiment versus the price action? Yeah exactly. And that is a valuable piece of information in terms of what the market is telling you is potentially coming next.