We sure do not want to spoil the party but it sure takes quite a leap of faith to believe that the ongoing #equity rally will be more than "transitory"...Granted, if we use #sp500 as a proxy, global equities are up an impressive 15% peak-to-trough ever since the last (sic) yearly low on October 13. But haven't we seen that blockbuster before?... Indeed, ever since the yearly top (and de facto beginning of the ongoing bear market) on January 4, we have ALREADY seen 4 bounces in excess of 10% (graph attached) and EACH AND EVERY time, it only led to new yearly lows.
Now, do you expect a different outcome this time?...A sense of "DEJA VU"?...
Stay tuned
#AiRLAB #cutthewrap #finance #marketstrategy #markets #economy #spx #equity #equitymarkets #spx500 #investment #aheadofthecurve #thinkingoutsidethebox #clearvision #finetank #thinktank #staytuned
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