Here Is Why Markets Are Rallying

On today's episode of The Macro Trading Floor, Alfonso & Andreas begin by breaking down the bank earnings on the back of the recent banking turmoil across markets.

We then discuss why markets are rallying as everything from the S&P, Banks & Bitcoin begin to retrace prior losses. With the U.S Dollar also erasing its gains against other major currencies, is this the perfect environment for a continued rally, or not? Finally, Alf & Andreas share their actionable trade ideas, but to hear that, you'll have to tune in!
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Today's show is sponsored by Public.com: Get a 4.9% yield when you open a government-backed Treasury Account.* That's a higher yield than a high-yield savings account.** Go to https://public.com/macrotradingfloor

*26-week T-bill rate (as of 4/16/23) when held to maturity. Rate shown is gross of fees.
**As compared to the national high-yield savings average of 3.43% (Source: Time.com/NextAdvisor as of 12/30/22).
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Disclaimer: Nothing discussed on The Macro Trading Floor should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets