The CNN Fear & Greed Index remains in the “moderate fear” zone, even though the S&P 500 has pulled back by less than 3% from its all-time high. In other words, this hardly qualifies as a correction yet.
It appears the market has not fully priced in concerns related to the appointment of a new Fed chair, and that repricing process may still have room to run. Additional pressure is coming from seasonality as well — historically, February has often been a relatively weak month for equities.... Show More
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