The answer is, "It depends." Make no mistake, the market was washed out and oversold when the rally began, but it was sparked by a rebound in bond prices. Much will depend on the interest rate outlook going forward.
The full post can be found here.
Managing fear and greed in a time of volatility
October 05, 2022 at 16:25 PM EDT
Mid-week market update: I received a number of questions from readers who were positioned for the monster rally that began on Monday, "What's your upside target?"
The answer is, "It depends." Make no mistake, the market was washed out and oversold when the rally began, but it was sparked by a rebound in bond prices. Much will depend on the interest rate outlook going forward.
The full post can be found here.
The answer is, "It depends." Make no mistake, the market was washed out and oversold when the rally began, but it was sparked by a rebound in bond prices. Much will depend on the interest rate outlook going forward.
The full post can be found here.
