Midsummer has set in, and the trauma of the springtime sell off faded. Tariffs? Same threats, new deadline. Fed? Rate cut in sight… Will markets soon go looking for something to fret about again?
Markets are telling us not to worry with a steep drop in volatility. Should we listen?
The stock market has scaled its way to record highs in more than four months, feeding off a deep reservoir of worry filled during the April tariff panic that has not yet fully been depleted. How does it differ from the last time we were here? Can stocks remain resilient?
Even with geopolitical risks on the rise, tech leadership shows that risk-on behavior might still be in control here as markets notch new records.
