As a short term trader, I am well used to market mood swings. The turnaround in US market sentiment over the last month, however, has been dramatic.
A month ago, financial cheerleaders were screaming about five-year highs. Now it’s all doom and gloom, with the S&P 500 suffering its biggest monthly fall in more than three years. Indeed, one online magazine went from a headline of ‘Ready to smash the record’ to ‘Markets are like...
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