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.