Market Mood Boosted by Tariff Pause
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The stock picker's market is back: Chart of the Week

75% Informative
When President Trump announced his first reciprocal tariff pause, the rolling one-month correlation of stocks within the S&P 500 (^GSPC) peaked at nearly 0.7 as the rising tide lifted nearly all boats.
This was rare: Going back over the past five years , the only other times such a high correlation has been seen were in 2022 when the Federal Reserve began hiking interest rates and during the onset of the pandemic in 2020 .
VR Score
84
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87
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79
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