Many moving parts moving in different directions
The past few days have been unusually eventful, with a bunch of important economic data releases, central bank policy announcements and political developments. And of course, the usual market ups and downs, as investors respond to the above, and also because investors often just react to price movements, instead of to changes in fundamentals. They also like nice round numbers, as the hoo-ha over Apple becoming the first $1 trillion company showed.