Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

Bull Session: Is the Bear Market Over? Or Is It a Dead Cat Bounce

avatar
Chatterbox Moo wrote a column · Aug 20, 2022 00:59
The stock market has followed a big loss with a big rally, and now the question for investors is whether the bear market is really over.
The $S&P 500 Index (.SPX.US)$ fell nearly 24% through the first six months of 2022, with the tech-heavy $Nasdaq Composite Index (.IXIC.US)$ dipping even lower. But since then, the market has recovered, with the S&P 500 rising more than 16% from this year's June 16 $3,666 low. The Nasdaq Composite advanced over 12,854, exiting bear-market territory after 107 trading sessions last week.
Mark Haefele, chief investment officer at UBS Global Wealth Management, has been on the bullish side. The investment veteran doesn’t see a U.S. recession as the “base case” over the coming year, contrary to many of his peers in the investment banking industry.
On the other hand, Michael Burry, the investor of “The Big Short” fame, is selling almost all of the assets in his equity portfolio, including $Warner Bros Discovery (WBD.US)$ , $Stellantis NV (STLA.US)$ , $Nexstar Media Group (NXST.US)$, $Ovintiv (OVV.US)$ , $Cigna Group (CI.US)$ , $Global Payments (GPN.US)$ , $Bristol-Myers Squibb (BMY.US)$ , $Booking Holdings (BKNG.US)$ , $Alphabet-A (GOOGL.US)$ and $Meta Platforms (META.US)$. He also issued a warning about a stock market crash comparable to the 2008 mortgage crisis.
The debate on future markets goes from Wall Street to Twitter.
Bullish opinions:
Source: Twitter
Source: Twitter
Source: Twitter
Source: Twitter
Bearish Opinions:
Source: Twitter
Source: Twitter
Source: Twitter
Source: Twitter
Or it could be both:
Source: Twitter
Source: Twitter
Isthe bear market over? Or is it what Wall Street likes to call a “dead cat bounce?” What's your view?
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
1
2
15
+0
18
Translate
Report
272K Views
Comment
Sign in to post a comment

View more comments...