The World Is Wonderful

What a week!

"Markets are built to recover, we as humans are built to not trust it" 

What a week with NDX up 4%, SPX/RTY +3% while US 10YR eased 10bp. This thanks to a rapidly improving macro backdrop, an increased enthusiasm around AI and light positioning. Any way you look at it the world (from a risk-on perspective) now looks pretty wonderful. Here are a number of charts that support a continued rally.