Stocks Crazy Rally Won't Tire Naturally: 3-Minutes MLIV

• The Xi-Trump meeting is the 'big event risk', potentially overshadowing economic data like non-farm payrolls.
• Markets anticipate a positive outcome or cancellation of the meeting, driven by incentives for de-escalation in the US-Iran conflict.
• An existing 'Trump call' dynamic suggests that strong market performance might embolden Trump to be more aggressive on China demands, risking trade war escalation.
• The current AI-driven rally is seen as having 'legs to go further', with its narrow breadth not a concern, and other sectors expected to play catch-up.
• The market is expected to become more volatile and 'rocky' as the summit approaches, but the core upward momentum is projected to continue.

The upcoming Xi-Trump meeting is identified as the primary market event, potentially influencing the US-Iran conflict and trade relations. Despite geopolitical risks, the AI-driven market rally is expected to continue its upward momentum, though with increased volatility leading up to the summit.