In most scenarios, a rebound in the stock market would signal an end to its decline and trigger buying opportunities across Wall Street. However, as the S&P 500 Index experienced its first consecutive gains exceeding 2% since October 2022, it did not bring about a wave of optimism or relief. Instead, it highlighted a perplexing reality for investors: all price movements—whether sudden surges or dramatic drops—are being driven by White House policies that change frequently and unpredictably. This makes forecasting the direction of stocks, bonds, or the dollar nearly impossible.
— new from Bloomberg.com
