Stocks vomit up a 2+% gain ....
— Jim Bianco (@biancoresearch) March 23, 2023
So here comes Yellen with a reversal of the reversal of her reversal on deposit insurance.
Works every time ... stocks green again.
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*YELLEN: PREPARED FOR ADDITIONAL DEPOSIT ACTIONS `IF WARRANTED'
*YELLEN SAYS STRONG ACTIONS TAKEN TO…