Financial markets sure have recovered following the two-day Brexit sell-off.  After nice gains through Thursday, equities and risk assets went into overdrive following Friday’s Non-Farm Payrolls report.  To put this move into perspective, including today’s trading, over the last ten trading days the S&P 500 has rallied over 7.5%.  Throughout the current bull market, there have only been six other periods where equities have seen this sharp of a rally in such a short period of time with the last one occurring over four years ago in December 2011.  This may be one of the most-hated bull markets on record, but it just broke out to new highs in style.

10-Day Rally


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