Below we share some thoughts from this morning's Market Intel note by JPMorgan trader Andrew Tyler, in which he shares his thoughts on the "equity and macro narrative."
The SPX fell 47bps on Tuesday, part of a four-day losing streak, its first of the year, with the index giving back 3.1% after setting an all-time high last Wednesday. Given the volume of questions on the market, its causes/triggers, future catalysts, and whether this is the beginning of the end of the bull market, here are some thoughts: