U.S. and Iran Declare Ceasefire. Is the Bottom In?

"To plant a garden is to believe in tomorrow." — Audrey Hepburn

Good evening,

It's been quite a week, but the S&P 500 closed the week at 6,816.89, up 3.56%. This despite investors having begun the week confronting threats by President Trump that 'a whole civilization [would] die" by Tuesday evening. Whether this was simply a negotiating tactic or a sincere threat that receded because cooler heads prevailed, what we now have is a tentative ceasefire that seems to have eased everyone'...

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