US banking crisis has made markets 'resilient'- wealth manager

STORY: Bernstein says the banking turmoil has had the effect of "slow(ing) the economy down a little faster than the Fed had expected. So that's less rate hikes that they have to do, and the sooner the Fed is finished and the sooner they start cutting, the happier markets will be. And I think that is why when we look back at... March and April, why markets have been so resilient."