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Step back. Stocks rallied yesterday as the US and Iran signaled an end to the escalation of hostilities following an Iranian missile strike on Tuesday night. Strong economic numbers continue to bolster rising stocks.

That’s all you got? Stocks slid moderately as the war of words kept Middle East tensions front and center. Investors had lingering worries about a conflict with Iran… not so much.

Fuhgettaboutit. Stocks bounced around yesterday on multiple conflicting news reports, ultimately closing in the black as investors moved beyond geopolitics. A good rally couldn’t be put down as investors chose bulls over bombs.

Defense. Markets were roiled on Friday in response to an American drone strike which killed Iran’s top military commander. Bad economic data was largely overlooked in the market mayhem.

Ready, set, go go go! Stocks started 2020 with a sprint right out of the gate on raw optimism and a little help from the Chinese Central Bank. Monetary easing started the rally in Asia and Europe and spread to the US for another record session.

Welcome to the roaring 20’s. Stocks ended the decade on New Years Eve in the green as the year’s optimism could not be put to rest. Investors ignored weak economic numbers and yawned at the President’s trade announcement.