Rate hikes to curtail inflation as everything collapses in real-time. Monetary policy is now too tight and that is the underlying catalyst for the banking crisis.

by BoatSurfer600

S&P has broken the downtrend.

It'll be interesting to see what happens with VIX now.

Wells Fargo not looking very healthy. pic.twitter.com/KyCuo4BYmd

— Financelot (@FinanceLancelot) March 20, 2023

If M2 growth was the reason for inflation, should M2 destruction not lead to no-flation or deflation?

Monetary policy is now too tight and that is the underlying catalyst for the banking crisis.

Read our LIVE-blog here -> https://t.co/MXjChwwHcc pic.twitter.com/QX3rX0bpuE

— Andreas Steno Larsen (@AndreasSteno) March 20, 2023