Decent Chance Stock Market Bottom Is In But Far From Certain
Last week we were able to check several of the boxes on our stock market bottoming process checklist. Panic-level fear in investor surveys? Check. Volatility and volume spikes consistent with prior major market lows and capitulation? Check. Washed out levels of breadth? Check. Indiscriminate selling pressure followed by a massive up day when nearly every […]
Weekly Bottom Line
Market sentiment soured as ‘reciprocal’ tariffs went into effect. Equities sold off initially, but so did Treasuries, with the 10-year Treasury yield up sharply on the week. A decision to ease U.S. tariff measures on most countries targeted, while increasing tariffs on China, sent markets on a rollercoaster. Inflation came in lower than anticipated in […]