"After yesterday's 'not as bad as it could have been' July Consumer Price Index report, the equity markets are now in full 'easing expectation' mode," said CFRA Research's chief investment strategist Sam Stovall.
"Nothing feels predictable anymore. I think we've moved from a VUCA world to a TUNA world; it's turbulent, it's uncertain, it's novel - and the biggest is ambiguous," said Rupen Desai, CMO and venture partner at Una Terra.