My bias has been bullish for a month or 2. Even a sudden crash will mean nothing... I expect a speedy recovery if it were to happen. I can't say the same for stocks though. The banking crisis hit earlier than I expected. It induced a shift.
That is true. But the quicker and harder the banking crisis hits, the quicker the time to reversal by the central banks, especially the Fed. I would believe that is going to be bullish for sentiment.
My bias has been bullish for a month or 2. Even a sudden crash will mean nothing... I expect a speedy recovery if it were to happen. I can't say the same for stocks though. The banking crisis hit earlier than I expected. It induced a shift.
That is true. But the quicker and harder the banking crisis hits, the quicker the time to reversal by the central banks, especially the Fed. I would believe that is going to be bullish for sentiment.