Bye bye bears? Hello bulls. Bloomberg thinks bearish drivers are behind us and bulls will return to markets
So is that it? Just a 3.6% pull back for the #ASX200 $S&P/ASX 200 (.XJO.AU)$ $Vanguard Australian Shares ETF (VAS.AU)$ and a 3.9% pull back for the S&P500 $SPX $SPDR S&P 500 ETF (SPY.US)$ $iShares Core S&P 500 ETF (IVV.US)$ from their highs? That's it? No more bad news? Hmm. I don't know.
And then, this note from Bloomberg came out, saying the bad news is now behind us and the bearish drivers of markets will go away and the bulls will return. It's worth a squizz. See below from Bloomberg...
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tangobravoromeo : DELUSIONAL