By Michael Msika, Bloomberg markets live reporter and strategist
Last month’s aggressive dip-buying shows that investors want exposure now that political uncertainty has been kicked down the road. They may only just be getting started, despite plenty of fear signals.
Positioning changed during a very eventful and volatile April as traders assessed how US tariffs would upend the global economy. The Stoxx 600 has recouped more than 60% of losses sustained since its March peak, while the S&P 500 has recovered 50% of its drawdown this year.
