Name it the Nice Uncertainty.
With the inventory market having rallied off its lows, buyers must be feeling fairly good proper now. They survived a bear market. They survived the quickest tempo of interest-rate hikes in many years. They even survived what may need been a recession. And but, all it has taken is one unhealthy week—the
S&P 500
first decline after 4 weeks of beneficial properties—for the doubt to creep again in.