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Risk-on sentiment has returned once again with Wall Street leading a significant rally on Wednesday. The Dow Jones Industrial Average soared 4.5% to close above 27,000. The S&P 500 and Nasdaq Composite also climbed 4.2% and 3.8% respectively. All three major US indices are now out of correction territory and the key question investors are now asking is whether this rally has further room to go.Before attempting to answer this question, investors need to know that extreme volatility has become the new norm. We may continue to see daily moves of 2% to 4% in either direction until the... Read More
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