Why does it seem like the market is overly volatile recently. I get there's a back and forth on tariffs and speculation/ reaction to the Fed, but it seems like every day I get multiple updates on 400-500 point moves.

Why aren't there more single day drops and subsequent recoveries- why are we bouncing everyday

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I wouldn't say first time. Probably just incorrectly remembering the past.

I could have sworn that in the past there would be a couple dramatic days in one direction, followed by "calmness" then a steady not erratic recovery or reset over a given period.

Right now it just seems like the market is giving and taking the same couple hundred points instead of following a clear direction.

In other words it feels more reactive than what I remember

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You answered your own question

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When Trump keeps changing his mind and threatening and pulling back and threatening again, the market is going to react.

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OP, as shared by the folks here, the market is looking for direction. Uncertainly = vol. If you add up the gazillion expert perspectives, you sort of still get to a coin-toss as to what to expect in the short term.

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Also this:

https://finance.yahoo.com/news/4-5-trillion-triple-witching-115919842.html

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