The Market’s “Deep V” Signature Returns —October 14, 2025
Good morning, A unique market signature of this administration has been the recurring “Deep V’s” — sharp, fast plunges in risk asset prices followed shortly by equally steep recoveries. Friday’s drop (-2.7% on the S&P 500 Index), triggered by the threat of “massive” tariffs on China, is being partially unwound this morning (futures up +1% […]