Bear case?
Inflation has dropped from 9% to around 3%. That’s about 66% drop.
Apart from the banking crisis scare earlier this year, the US economy and labour market seem to be doing okay in this high interest rate environment
The S&P500 index is up more than 20% this year.
The overall stock market could go even higher if cash are being rotated from the money market funds to the equities.
Just wondering, is anyone still shorting the market? If so, what’s the bear case now? Recession in 2024?
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hawhwong : Usa people still playing
Maniac Fool : Bank shares are in downtrend: bear paradigm there
OceansWave : I believe those that are shorting are specifically shorting those that are potentially known to have a pull back at this moment.. many bears do believe that it’s just a matter of time as there are many stocks that are overbought…
Sources are seen is from other YouTubers
jacknotjacob : Bear case is Fed cuts less than the market expects
Dk kang : AI stocks haven't even started yet.
Cow Moo-neyOP jacknotjacob: Possible