Is the Bottom in or Are We Just Getting Started?
Holy smokes, wasn’t expecting that! The S&P 500, y’know, the big kahuna of stock indexes, almost nosedived into a bear market just, like, two weeks ago. We’re talkin’ nearly 20% down from its all-time high, which is what gets investors all jittery. But now? Man, it’s like someone flipped a switch. The market did a total Jekyll-and-Hyde thing over the last 12 days, going bananas ’cause of some feel-good vibes about tariffs and trade stuff.
Like, so here’s the deal… On Thursday, it was chillin’ at a point that’s actually 10% higher than its recent crappy low. Some folks say that’s the market peacing out from “correction” territory. Fancy talk for “we’re not in the red zone anymore, peeps!”
So, I came across this Leo dude, Leo Nelissen, right? He’s in the SA Investing Group iREIT+HOYA Capital, (whatever that means) and he’s like, "Posi trade news is like fairydust for investors. It scares the bad bears away." Ha, just kidding, but you get it. Apparently, the US and China are kinda being forced by reality to work things out. Yeah, ’cause no trade means everything’s stuck like peanut butter in a straw.
We gotta watch out though. Things could get whacky again with one bad headline, soooo buckle up, buttercup. But hey! The risk appetite is back, like everyone found their appetite for risky crypto foods. If the big bad R-word (Recession, for you acronym averse folks) doesn’t kick the fundamentals in the shins, we might just see sunshine and rainbows in the market scene ahead.
And speaking of trade melodrama! China might cut some slack on those massive tariffs – 125% say what?! Someone pinch me! And Bessent – whoever that is – sees ’em scaling back on this whole trade war fandango. Peace at last, maybe?
Okay, here’s some fast-forward time travel for ya! Trading isn’t just fast; it’s breakneck speed, light-speed, can’t-touch-this fast since that COVID rollercoaster ride. Last time this index hit skid row was Summer 2023, and get this, it bounced back in a mere 24 days! That’s record-speed healing, considering the average slog-back-to-happy-land takes, oh, 133 days, says CFRA Research, whose stats dive all the way back to post-WWII times. Ain’t that somethin’?
So yeah, buckle up and hang on, ’cause who knows where this crazy market’s hurtling next?