Think about it. We were told there was a crisis.
We were promised a recession that could come at any minute.
Inflation was going to destroy the financial system.
Instead, European Banks are making new 52-week highs.
I’m old enough to remember when European Banks used to sell off during a crisis.
So if this is a bear market or some kind of credit event situation, investors sure have a funny way of showing it. [Read more…]