Investors ask whether a 2% dip from a record high has been enough to skim away some market froth and set the rally on firmer footing.
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None of the significant issues the market has been grappling with have been settled exactly, but sometimes prices alone can drain…
The latest move lower came after several failed rally attempts
This meltup-type action suggests risk-aversion is being penalized and expected rate cut(s) could end up being used recreationally…
Volatility is down amid oversold conditions, a dovish turn in Fed-policy expectations, regained momentum in areas of Big Tech and…
Laggards that are also plays on near-term rate cuts stood out. Today also saw a pretty strong bid in Treasurys, compressing…
The other issue is how much of this anticipated friendly scenario has already been built into market prices.
