...a lot of concerns over Trump and a potential outbreak of trade war may not come to pass or be as bad as current worries. Yet, you can't discount the outcome either because Trump is difficult to predict.
...the markets have been talking about the Fed pivot for a while now, it finally happened this year and now all of a sudden, we aren't too sure.
...last week is nothing yet resembling what a deeper correction could be like, but it also shows that there is still a lot of FOMO in the market led by a new cohort of full time gamblers on the keyboard and phones doing it for a living (in the US).
What a rollercoaster ride.
The S&P 500 has swung from its worst breadth day in months to its best within 3 sessions.