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By Jamie McGeever

ORLANDO, Florida, Feb 5 (Reuters) - "Bouncebackability."

This Britishism is generally connected with cliche-prone soccer supervisors trumpeting their groups' ability to react to beat. It's not likely to find its way across the pond into the Wall Street crowd's lexicon, however it perfectly sums up the U.S. stock market's resilience to all the setbacks, shocks and whatever else that's been tossed at it just recently.

And there have actually been a lot: U.S. President Donald Trump's tariff flip-flops, stretched appraisals, extreme concentration in Big Tech and the DeepSeek-led chaos that recently called into question America's "exceptionalism" in the worldwide AI arms race.

Any among those problems still has the potential to snowball, triggering an avalanche of offering that might push U.S. equities into a correction and even bear-market area.

But Wall Street has actually ended up being extremely resilient because the 2022 rout, specifically in the last six months.

Just take a look at the artificial intelligence-fueled turmoil on Jan. 27, stimulated by Chinese startup DeepSeek's discovery that it had established a big language model that could attain similar or better outcomes than U.S.-developed LLMs at a fraction of the expense. By lots of measures, the market move was seismic.

Nvidia shares fell 17%, slicing nearly $600 billion off the firm's market cap, the greatest one-day loss for gratisafhalen.be any company ever. The worth of the larger U.S. stock market fell by around $1 trillion.

Drilling deeper, experts at JPMorgan found that the thrashing in "long momentum" - basically purchasing stocks that have been performing well just recently, such as tech and AI shares - was a near "7 sigma" relocation, or 7 times the basic deviation. It was the third-largest fall in 40 years for this trading strategy.

But this legendary move didn't crash the market. Rotation into other sectors sped up, and around 70% of S&P 500-listed stocks ended the day greater, implying the broader index fell just 1.45%. And buyers of tech stocks quickly returned.

U.S. equity funds brought in almost $24 billion of inflows recently, technology fund inflows hit a 16-week high, and momentum funds brought in favorable circulations for a fifth-consecutive week, according to EPFR, the fund streams tracking company.

"Investors saw the DeepSeek-triggered selloff as a chance instead of an off-ramp," EPFR director of research Cameron Brandt composed on Monday. "Fund streams ... recommend that a lot of those investors kept faith with their previous presumptions about AI."

PANIC MODE?

Remember "yenmageddon," the yen carry trade volatility of last August? The yen's sudden bounce from a 33-year low against the dollar triggered fears that investors would be forced to offer properties in other markets and countries to cover losses in their huge yen-funded bring trades.

The yen's rally was severe, photorum.eclat-mauve.fr on par with past monetary crises, and the Nikkei's 12% fall on Aug. 5 was the most significant one-day drop given that October 1987 and demo.qkseo.in the second-largest on record.

The panic, if it can be called that, spread. The S&P 500 lost 8% in 2 days. But it vanished quickly. The S&P 500 recouped its losses within two weeks, and the Nikkei did similarly within a month.

So Wall Street has actually passed two huge tests in the last 6 months, a period that included the U.S. presidential election and go back to the White House.

What explains the strength? There's nobody apparent response. Investors are broadly bullish about Trump's economic agenda, the Fed still appears to be in easing mode (for iuridictum.pecina.cz now), the AI frenzy and U.S. exceptionalism narratives are still in play, and liquidity abounds.

Perhaps one key driver is a well-worn one: the Fed put. Investors - a number of whom have invested an excellent chunk of their working lives in the era of extraordinarily loose monetary policy - might still feel that, wiki.vifm.info if it really boils down to it, the Fed will have their backs.

There will be more pullbacks, and risks of a more prolonged downturn do appear to be growing. But for now, bybio.co the rebounds keep coming. That's bouncebackability.

(The opinions expressed here are those of the author, a columnist for Reuters.)

(By Jamie McGeever; Editing by Rod Nickel)