Fed said the uncertainty of the economic outlook has diminished and unemployment remains low.
Jerome Powell’s guidance after the meeting will be important.
Technical picture looks toppish.
The market is still unsure how to price tariff changes this summer.
Some risk-off sentiment but no panic.
China and the U.S. are back in business...to last month's deal.
Trump's trade policies are weakening confidence in the dollar.
Announces changes and products that are underwhelming.
Bond yields are the elephant in the room for equities.
...citing a combination of resilient earnings, supportive monetary policy, AND a weakening dollar.
Investors worry about the fiscal health of the U.S. economy.