It is so bullish...(that you almost get bearish)
SVB = LTCM?
LTCM was "bailed out" in Sep 1998. SPX bottomed out at 1000 and squeezed up to 1500 a year later. Very different set-up this time around as that time was the craziest part of the tech bubble, but at least a reminder that bail-outs do work and that anything is possible in the financial markets.