...fund managers were dumbfounded at the market's rise and...

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    ...fund managers were dumbfounded at the market's rise and decided late to join the party to avoid underperformance.

    Fund managers are the most underweight equities in years.
    https://x.com/BobEUnlimited/status/1924513689262055883

    Nasdaq $QQQ reaches most overbought level since July
    https://x.com/Barchart/status/1924524779509334288

    ...the markets want to believe the US-China truce
    *CHINA ISSUES STATEMENT ON US ADJUSTING CHIP EXPORT CONTROLS
    *CHINA SAYS US UNDERMINES CONCENSUS REACHED IN GENEVA TALKS
    *CHINA ASKS US TO CORRECT WRONGDOINGS
    https://x.com/DeItaone/status/1924453493462495496
 
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