Overall investor sentiment oscillates between fear and greed, impacted by expectations of federal intervention. The economist emphasizes the unpredictable nature of future market movements, suggesting a cautious approach to new investments.

There is a mixed outlook regarding macroeconomic indicators, with some analysts pointing to solid job data and low near-term recession risk in Europe, while others express concerns about tariff impacts and a potential technical recession in the U.S. by late 2025.