GREY BRIEFING #17: Nvidia flips the switch, the market swings between hope and caution

Welcome back to the 17th GREY BRIEFING! It was another one of those weeks that shows how quickly market sentiment can change. The market initially focused on the usual jumble of data on inflation, labor market issues, and the never-ending FED speaker roulette. But then, on Wednesday, NVIDIA presented positive figures and sent out a signal that revived the entire sector. That was the news the market wanted to hear, but the euphoria did not last long. When the Fed minutes were released and the labor market data for October came out, sentiment swung to the exact opposite...