Crash or Soar? Investors Get Ready for Stock Market Extremes

What You Need To Know

• The S&P 500 gained 10% in the first quarter, but there's growing concern that an unpriced risk could knock the bull market off its feet.
• A chief risk is the timing and magnitude of interest rate cuts from the Fed this year.
• With the gains so concentrated among a few key stocks, investors are starting to seek value in less-loved corners of the market.