- The credit market is wide open again, and has been since the Fed reversed course at the start of January
- It is as if equity investors were not listening to that message until the Fed reconfirmed it one more time yesterday
- The shadow banking generated by the credit boom is potentially going to provide enough fuel to get stocks back on track by late summer, consistent with the recoveries following other major corrections
Sign up to access the rest of this content!
This content is not available to free users. Sign up for a paid account to access the rest of this content.
Use the discount code 1MONTHFREE to get your first month free!