One Step Forward, One Step… It’s been over a month since the S&P has managed to post back-to-back positive sessions, and after another long week a double dose of green would be a nice way to head into the weekend. Things were looking promising this morning after S&P expiry went relatively smoothly and the VIX finally showed signs of easing, but right on cue more virus headlines have darkened the mood. Word that pubs in London will close and that 100% of the non-essential NYC workforce must stay home erased those gains, and a Trump press conference announcing new border policies further dented US indices, which are just now attempting to climb off the day’s lows
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