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Is there further risk in the banking sector?

Welcome to real vision daily briefing. It's Friday, March 10, 2023. I'm Ash Bennington.

I'm joined by Warren Pies co-founder of 314 Research.

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Let's jump right into today's market analysis. Warren, welcome back. I was a pleasure to have you.

Absolutely, thanks for having me. Mark, lots going on in markets right now.

Markets moving quickly on some of the stuff that we're seeing.

Obviously, the big story of the day is SVB currently going, being taken over by regulators by FDIC.

It's a big story, lots to talk about from a macro perspective. Warren, where do you want to begin?

Gee, I think this is just kind of a microcosm of the, you know, really if we zoom out for a second and say,

what's been the defining feature of this market this year? I think it's been a battle between the tape and the Fed.

And our view has been that the Fed is going to win this battle. If you can't get bullish on this breakout.

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