"A market bottom signal based on extremes in breadth has activated"
"'No recession' bears are rare, with only three recorded in the past century (the last being in 2022)."
"A spike above 45 in the $VIX has generally been a pretty good panic-clearing signal"
Today’s 4.8% decline was the worst since June 2020
Here is the full list of reciprocal tariffs. Noticeably absent: Canada, Mexico, Russia.
"Historically, when the SPX breaks a quarterly streak of exactly 5 up quarters, forward returns are negatively skewed"
