US stocks lifted again overnight and are now up 14% from April 7 lows of only a week ago. Aussie stocks are similarly up and we should expect a slight lift again in the ASX today. With the US central bank labelling inflation from tariffs as 'transitory' there's expectancy for 1% in rate cuts this year. And the VIX shows investor fear has declined significantly. All that means we may see an upswing. Those carefully choosing stocks could be buying at market low, setting themselves up for the long term.
Stocks mentioned include ARB Corp and Microsoft.
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