Well... that was a fun February!
February was shaping up to be a repeat of what we saw in January. We had a nice rise early January and then a sudden sell-off into mid-month, then a nice recovery that ended January +2.70%.
February was looking like a slow grind into the last week of the month, and then ka-boom! What happened the last seven trading days of the month??
A myriad of seemingly weak economic data from jobless claims, inflation still running hot, and Trump’s tariffs… all pointing to something bigger on the horizon…
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