Excerpt from MarketWatch quoting DataTrek:
….”Are we in a “conviction-less” market in which investors are grappling with what may feel like the greatest number of unknowns in history?
You get where this is going. While it is admittedly hard to quantify whether there are more unknowns now than before, “investors remain wary,” as the team at research provider DataTrek put it in a Monday note. Combine that notion with the emerging consensus that markets are likely to remain volatile yet range-bound for some time, and you get that most uncomfortable of regimes: a market landscape with no momentum, no progress and, perhaps worst of all, no clear narrative”….
Read the full article here on MarketWatch!