Anyone else think the latest bear market rally just ended?

[KnightWhoSaysNit]

Surely by now investors would have picked winners in the latest legislation. I think this is why we saw an early rally today as bond yields fell.

Overall, though we have some who will benefit from the "green" agenda, this is bad legislation that will hurt the economy.

Going forward I'm struggling to see how earnings rise in an environment of high inflation, higher taxes, lower growth, quantitative tightening, and rising consumer debt. Great strategy Dems!

 

[Bob_Anderson]

https://www.tradingview.com/chart/S...g-Similarity-between-the-SPY-in-2008-vs-2022/

 

[NJPSU]

Surely by now investors would have picked winners in the latest legislation. I think this is why we saw an early rally today as bond yields fell.

Overall, though we have some who will benefit from the "green" agenda, this is bad legislation that will hurt the economy.

Going forward I'm struggling to see how earnings rise in an environment of high inflation, higher taxes, lower growth, quantitative tightening, and rising consumer debt. Great strategy Dems!

Maybe…maybe not.

I’m pretty certain you didn’t predict the latest rally so while it’s fine to give an opinion it doesn’t mean much.

 

[junior1]

Surely by now investors would have picked winners in the latest legislation. I think this is why we saw an early rally today as bond yields fell.

Overall, though we have some who will benefit from the "green" agenda, this is bad legislation that will hurt the economy.

Going forward I'm struggling to see how earnings rise in an environment of high inflation, higher taxes, lower growth, quantitative tightening, and rising consumer debt. Great strategy Dems!

big difference is that we now have Joe Biden as President. He's told us the economy is strong, consumer is spending and more people are working than ever before.......he wouldn't lie to us would he? (TIC)

 

[junior1]

big difference is that we now have Joe Biden as President. He's told us the economy is strong, consumer is spending and more people are working than ever before.......he wouldn't lie to us would he? (TIC)

oh, and I almost forgot, we'll shortly have the Inflation Reduction Act to reverse this potential downturn

 

[royboy]

 

[KnightWhoSaysNit]

Maybe…maybe not.

I’m pretty certain you didn’t predict the latest rally so while it’s fine to give an opinion it doesn’t mean much.

Of course not. Nancy Pelosi predicted it.

 

[bdgan]

Surely by now investors would have picked winners in the latest legislation. I think this is why we saw an early rally today as bond yields fell.

Overall, though we have some who will benefit from the "green" agenda, this is bad legislation that will hurt the economy.

Going forward I'm struggling to see how earnings rise in an environment of high inflation, higher taxes, lower growth, quantitative tightening, and rising consumer debt. Great strategy Dems!

I have no idea but I can't imagine a big run up from here given the current environment. The PE ratio is 22 so the market isn't undervalued.

Maybe a slight run if inflation falls from 9% to 6%.

 

[psuted]

I have no idea but I can't imagine a big run up from here given the current environment. The PE ratio is 22 so the market isn't undervalued.

Maybe a slight run if inflation falls from 9% to 6%.

We can only hope.