From JPMorgan (JPM) to CitiBank (C) to Wells Fargo (WFC), America’s most important banks reported strong earnings this morning, broadly underscoring that the U.S. economy is not falling apart. Going back to the 1930s, every single time that red-hot inflation turned into significant disinflation – exactly what we have today – stocks rallied in a major way. And the more confirmation we get that this disinflation trend can continue without a recession – exactly what today’s bank earnings emphasized – the more stocks will rally.