Keeping the Weirdness Alive

Well, after a day of decent-to-good economic news, and after a nice uptick in the market over the past several days here comes this: IBM Says SEC Probing Its Accounting

International Business Machines Corp. on Monday said that the U.S. Securities and Exchange Commission had begun a formal investigation of how the world's largest computer company accounted for some revenue in 2024 and 2024.

It will be very interesting to see how the markets react to this news. Either this is more of the weirdness, or, if this just causes a brief hiccup, a test of whether the weirdness is waning.