In the interest of full information for readers, here is the other side of the bear argument. Brian Wesbury says this is no “dead cat bounce” but the end of the bear market.
Readers here know I am not as optimistic and think we have downside in store for the market.
My gut tells me we both are. I see short term downside and then a gradual run up. As for the when and how much? Don’t know the answers to those but I do have the cash waiting to buy when I’m comfortable.
Disclosure (“none” means no position):