Strong week at Wall Street
Recovery continues
What a week! Wall Street is recovering further, the S&P index is up 300 points which is almost +6%. The world is exhaling that the tarif chaos is not expanding further but shows signs of relaxation, especially between the US and China. But there‘s no concrete deals so far.
We are imo in a kind of No-man's-land. The market is rising because of hope but is still struck and nervous. Fear and Greed index is at 35, which is higher than the panic level 4 we had two weeks ago but investors are still fearful. Much depends on real deals to be made and what is happening to inflation because of the tariffs.
I am waiting and hodling. What about you?
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