The Federal Reserve tightened until it broke something: the small banks. Classic Fed!
Meanwhile, here at Contrarian Outlook, we’ve been waiting patiently for a big buying opportunity. Biding our time. So… is this our moment?
Bank runs are textbook “blood in the streets” moments. There’s fear. There’s loathing. This is usually our cue to spring into action.
So, should we contrarians simply “hold our noses” and buy?
Regional bank stocks haven’t been this cheap since the summer of 2020. Sure, Silicon Valley Bank has gone to zero. But many small businesses, mine included, still prefer to bank with the folks down the street.… Read more