狮山巡礼
投资杂谈
正文
Complacency or Positive Market Action?
The chart shows that the SP 500 is not far below its cyclical high, despite uncertainty on geopolitical, tariff and fiscal fronts. Is this unwarranted investor complacency or encouraging market action? Much depends on the cyclical macro outlook. Will it be a soft landing or tariff-driven stagflation?
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