Dip-buyers rejoice!
Maybe it’s that “talking is not the answer” is what counts as “measured” when it comes to Donald Trump and nuclear hyperbole.
Or maybe it’s that, as Goldman suggested on Tuesday evening, a catastrophic natural disaster has reduced the odds of a government shutdown.
Or perhaps it’s the outside chance that the Trump administration can actually get something done on tax reform.
More likely, it’s just the post-crisis “mean reversion” trade taking hold, where “mean” means “green”.
Whatever it is, the Nasdaq is on track for its first 3-day winning streak in a month and the S&P is trying for its first 4-day streak since late May:
Time to give some more money to your local Target manager.
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