The 90-day tariff truce boosted markets and propelled the Nasdaq into a new bull market as the A.I. trade got some beneficial treatment from the White House, Is there any conviction behind this rally, or is it simply short covering ahead of the summer season? Plus, Moody's downgrades the U.S. credit rating on concerns about rising debt levels, but investors have plenty of other concerns.

LINKS
https://www.investopedia.com/what-to-expect-in-the-markets-this-week-11734954
https://www.investopedia.com/terms/s/shortcovering.asp
https://www.investopedia.com/tariffs-may-pinch-profits-at-walmart-retailer-says-11735725
https://www.moodys.com/web/en/us/about-us/usrating.html
https://www.bespokepremium.com/interactive/research/think-big-blog/

Learn more about your ad choices. Visit podcastchoices.com/adchoices

A New Bull is Born and the U.S. Gets a Downgrade