Part II...The Poor Action in the Bank Stocks is Signaling More Than Just EXISTING Problems.
This is actually the same post as earlier. However, the charts are now attached correctly. My apologies!
- More rhetoric about AI helped the stock market bounce back after another rough day for the banks yesterday, but the S&P 500 remains stuck within its sideways range.
- The banks continue to act very poorly…and we got some more negative news from the regional banks this morning.
- The evidence that we’re headed for a recession keep building…on several different fronts…especially with the action in copper.