Group 1 - The core viewpoint of the articles indicates that despite the impending uncertainty from new tariffs announced by the U.S. government, global market investors are exhibiting calmness, with major indices reaching new highs [1] - The MSCI global index recently peaked, and the volatility indicators for markets in the U.S. and Europe have dropped by more than half compared to their highs in April, suggesting a reduction in market anxiety [1] - Hedge funds have significantly increased their net purchases of U.S. financial stocks, reaching the highest level in nearly a decade, indicating a bullish sentiment among large speculators [1] Group 2 - The options market is showing signs of complacency, with traders pricing in only a slight increase in volatility for the Euro Stoxx 50 index ahead of the July 9 deadline, which raises concerns about market preparedness [2] - Some investors are adopting a "long gamma" strategy to profit from market fluctuations, similar to strategies that yielded substantial returns in April [2] - However, analysts caution that the current market dynamics differ from previous conditions, suggesting that the outcomes of these strategies may not be as favorable this time [2]