From Fragile to Fearless: The Market’s Return to Overbought Territory – The Market Breadth

from fragile to fearless - the market's return to overbought territory

Stock Market Commentary In just three months, the stock market has transformed from fragile to fearless. Friday’s return to overbought territory, on the heels of another jobs report that beat “consensus expectations”, underlined the market’s fearless bullishness. The jobs report made imminent rate cuts even less likely. Along with that prospect, bond yields nudged higher … Read more