The big bear breaks
20% later, Mike Wilson of Morgan Stanley finally changes his bearish tune
New Day Same Bull: after 20% rise we can finally admit it’s “Bull Market”
The market has, in hindsight been in bull mode since October.
Q4 earnings “officially” beat low expectations, but the market already knew that
Blink and you missed it- the S&P 500 is up 7% YTD and nearly 15% since October 1, 2022. As usual, stock prices arrived before the data did.
Fed chair says it’s time to start stepping down rate hikes
Daly said "the time is now to start talking about stepping down.“
Morningstar: Equity market trading at a 20% discount to fair value
https://www.morningstar.com/articles/1115789/whats-next-for-the-stock-market
Early S&P earnings results: 73% earnings beats
Earnings reports aren’t consistent with an economy heading into a downturn
Production up, unemployment down
Some investors think the US is already in a recession… as recent data have confirmed, we don’t think that’s the case.