The Market Is Fairly Upbeat. Is It The Calm Before A Storm?
The market is fairly upbeat. Is it the calm before a storm? Yet the stock market has been remarkably. The calm before the (potential) storm stocks decided to put on their best performance tuesday, bolstered by some fresh inflation data that gave everyone a glimmer of. We've not seen the volatility of last week, but there's potential for more sharp moves when key data is published in the days.
But not this quiet. The past 30 days have been the least volatile in more than 20 years, with only five days during that stretch. The stock market managed to shrug off tesla results, but more volatility could be ahead, with big tech earnings around the corner. Interest rates in the bond market have. Market sentiment will tank, and traders are likely to run for their lives. This is because there is already plenty of pessimism among traders who think that the fed can’t.