Fastest recovery

Markets continue to recover at a speed that would have seemed almost impossible during previous crises. According to JPMorgan, the recent correction linked to the Iran conflict recovered in only 11 trading sessions, making it the fastest recovery after a near 10% decline in modern market history.

This says a lot about today’s market structure. Massive liquidity, passive flows, systematic strategies and above all the ongoing AI CAPEX cycle continue to dominate investor behavior. Every correction is immediately viewed through the lens of “buy the dip”.

At the same time, this extraordinary resilience should not lead investors to complacency. Bond markets continue to signal inflation and geopolitical risks, while valuations — especially in parts of technology and semiconductors — remain historically elevated. Markets are behaving as if the AI investment boom will continue uninterrupted for years.

History shows that markets can recover extremely fast, but also that periods of euphoria often reduce risk perception precisely when vigilance is most needed.