It’s been quite some time since I uttered the phrase “Sea of Green” as US equities soared early off Trump de-escalation talks (domestically and foreign), healthy earnings beats (despite tariff woes and AI capex fears…for now), followed by encouraging macro data (PMI, new home sales beat, and no surprises out of the Fed’s Beige Book). Albeit US indices maintained their“ SoG” we made rather whippy moves off headline comments of no substance from Treasury Sec. Bessent and President Trump around Ch…
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