[subsubzero]

agree, my thesis on 2023 was for stocks to start trending down, but for some reason there was this strange bump in the stock market and then when SVB collapsed I said yup its finally coming(a healthy correction). But the fed/treasury bailed out SVB's toxic assets(non-FDIC insured) to the detriment of the broader market. I feel like the fed will do anything to prevent even the slightest failure, but bad assets/institutions need to fail. Its analogous to not removing cancerous cells and letting them spread through the body.