Guy
2023-04-03

I don't want to sound like your typical fintwit guru, but it must be said. Buying here is providing the exit liquidity for institutions that didn't exit on March 6th. $Credit Suisse Group AG(CS)$ will not be the last. You are fighting the Fed from this point on, they want the yield curve to rise.

There is obviously going to be things that don't make sense like these counter-trend squeezes but this is by design to shake out weak hands. Welcome to bear markets and the market in general. PAYtience. This tech rally feels like the tulip mania. Again, when in doubt, zoom out.

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