Despite a storm of global macroeconomic concerns, the stock market is defying gravity, shrugging off headlines that would typically send investors running for cover.
Yet, investors seem to be tuning out the noise, pushing indices like the S&P 500 and Nasdaq to record highs.
This phenomenon, known as climbing the “wall of worry,” reflects a market fueled by cautious optimism, robust economic data, and a fear of missing out (FOMO). As pessimism lingers, sidelined cash and strong corporate earnings keep the rally alive, leaving investors wondering how to navigate this resilient but uncertain landscape.
This post originally appeared at Money Morning.