In the near term, the market is very sensitive to events. One moment, when the yields hit 5%, market staged a sell off. Next moment, yields retreated, market rebounded
At one point, Powell came out to spook the market with his speech, the market tanked. And last week, Powell sounded dovish, and the market shot up and clocked the best week of the year
When job market came in hot last month, the market plunged. Then just last Friday, jobs report came in soft, the market cheered a...