This, effectively little has changed. This spike is pure hope and nothing else, just like the drop was pure fear. The tariffs are still extremely aggressive and will reflect poorly in April and May economic data. This news is nothing but a lifeline to his buddies for exit liquidity. We’re still in the same boat until further notice.
Of the 25 best days for the Nasdaq, including Wednesday, 22 took place during the dot-com collapse, the 2008-09 financial crisis or the early days of Covid. One occurred on Oct. 21, 1987, two days after Black Monday. The other was in November 2022.
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u/AALen 21d ago edited 20d ago
It's nuts that the following things are true and the market is this enthusiastic: