Wall Street experienced a remarkable resurgence as stocks rebounded, erasing losses from April’s tariff shock. Corporate America unleashed billions in pent-up bond sales, and speculative assets such as crypto and unprofitable tech companies surged. However, beneath the surface of this relief rally, driven by hopes for upcoming trade deals, warning signs are emerging. The financial ecosystem is signaling potential risks for hedge funds and day traders diving back into riskier investments. While the market’s recovery has been celebrated, underlying uncertainties remain unresolved, prompting concerns about the sustainability of this upward trend.
— new from Bloomberg.com
