It took just 57 days for the S&P 500 to claw its way out of a bear market to hit an intraday high — igniting animal spirits — but financial advisers surveyed by Bloomberg say everyday investors should tread lightly. Wall Street pros caution that many risks remain. But there are still promising areas of investment.
In a matter of weeks, market sentiment has moved from panic to nearly manic.
Back in April, recession odds were more than 50% and the stock market was in free fall. But after fears concerning the president’s trade wars and economic policy eased, stocks have return to all-time highs in record time.
