#MarketRebound
The current market rebound is showing signs of life, driven by potential progress on trade deals with countries like Japan, India and China. However, there's a red flag indicating that the rebound might not be sustainable due to low trading volumes and concerns over stagflation.
*Key Factors to Watch:*
- *Trade Deals*: Progress on trade deals could boost market sentiment, but final details matter more than headlines.
- *Economic Data*: The April Flash Manufacturing PMI is expected to fall to 49.4 from 50.2 in March, indicating a slower economic pace.
- *Inflation Pressures*: Rising inflation concerns could keep the Fed on the sidelines, affecting market expectations.
- *Tesla's Quarterly Results*: As a significant S&P 500 component, Tesla's earnings report could influence market sentiment ¹.
*Market Performance:*
- *S&P 500*: Down 3.45% with a current price of 5117.60.
- *Nasdaq*: Down 3.71% with a current price of 17640.80.
*Investor Sentiment:*
Some investors, like Nomura Holdings, are betting big on the US market rebound, citing stable income opportunities and growth potential. They believe staying invested through short-term volatility is key ² ³ ⁴.