After brief cyclical pump, Regional banks $KRE -6.5% today (small cap value -4.5%) vs $SPX -0.50% &amp; $QQQ +1.2% (ATH). More evidence of false alarm/trap in pro-reflation equity &amp; bear steepener YC trades. Likely see deflationary continuation (pro bonds, dollars, gold, LC Tech) https://t.co/YC8qUt6AWc