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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: ItsAllCyclical who wrote (73714)11/10/2022 5:04:43 PM
From: Jacob Snyder2 Recommendations

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Rarebird
Sun Tzu

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< Biggest change today is the 10 year>

Yes. As I have said before, we are now at peak interest rate pessimism. So stocks will rally, on any hope/dream/guess of lower interest rates.

But we are not yet at peak profit pessimism. Latest earnings season is a taste of things to come. We have not yet seen the bottom of this bear market. That will happen when 12m forward profit expectations trough.
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