, Columnist
Making Sense of Sensory Overload in the Markets
A crush of inputs from major central banks leaves markets spinning, Big Tech takes a beating, and in a broader rally for the ages, even 60:40 is back.
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This is absurd. It really isn’t fair. The week was halfway over and relatively uneventful. Then all hell broke loose. The fact that everyone knew a lot of data was coming didn’t make life any easier. As I write, the market has had to absorb decisions from three major central banks, and results from a range of companies including four of the world’s biggest, all in a span of 26 hours. Non-farm payrolls await before Wall Street opens on Friday.