From Extreme Fear to Frenzied Greed in 6 Weeks
Investor sentiment quickly swings to bullish levels on positive news flow
Highlight
• Investor sentiment quickly swings to bullish levels on positive news flow
• Markets take a one-day breather after mixed Walmart earnings
• Clear signs of decline in the housing market are hard to miss
• Japanese Q1 GDP comes in way below expectations
Key Takeaways
• From Fear to Market Mania: All it took was a tariff reprieve and some Gulf State investment announcements to get investors giddy again. The CNN Fear-Greed Index is now fast approaching “extreme greed” after hitting “extreme fear” just six weeks ago. It is manic.
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