The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
FX Trader, Loonieviews.net
Summary: Wall Street is wary, but a shift toward stronger sentiment has allowed some further recovery post- the opening bell. The shifting tides are due to a shaky Sino-US circumstance post-the Huawei arrest, as well as uncertainty ahead of upcoming central bank meetings.