Well, my wish for a quiet summer in the markets has, once again, certainly not come true, with Mr. Trump messing up my relaxation plans with a series of market-moving tweets. So, no sitting on the dock for me this summer. However, at least the markets remain interesting, with plenty of strange stuff to report on. Here are five recent items that have raised eyebrows amid the bigger-picture market gyrations.The board of directors of Transat A.T. must be pretty embarrassed right now.
Investors always think the bond market is ‘smarter’ than the stock market. But even with a ton of new volatility, the S&P 500 is still up 14 per cent this year. Clearly, stock market investors do not seem that stressed overall about the looming, devastating recession that investors seem to want with a passion.