The “maybe I shouldn’t miss this” trade
U.S. stocks are back on the move, and the vibe has shifted from caution tape to “wait, are we already late?” Investors who were sitting on the sidelines are starting to dip back in as diplomacy around the Iran war cools some of the geopolitical stress.
AI is still doing the heavy lifting
A big chunk of the optimism is coming from the same duo that’s been powering the market’s story all year: AI spending and earnings growth. If companies keep talking capex, cloud demand, and margin resilience, the market tends to act like it found an extra shot of espresso.
Why you should care
This matters because rallies don’t just run on good news — they run on people worrying they’re underexposed. That fear of missing out can keep money flowing into stocks even after prices have already moved higher.
- Less war panic = fewer reasons to hide in cash
- Strong earnings = a reason to buy the dip, or just buy the rip
- AI spending = the market’s favorite excuse to stay bullish
Big picture
If the geopolitical backdrop stays calmer and earnings keep beating the snooze button, this rally could have more room to go. But when FOMO starts showing up in the headlines, you know the market’s mood has officially gone from skeptical to a little bit cheeky.