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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: bull_dozer who wrote (67204)8/9/2022 9:51:13 AM
From: bull_dozer1 Recommendation

Recommended By
ajtj99

  Respond to of 97990
 
Veteran strategist Dennis Gartman says it’s still a bear market with no Fed pivot in sight

“I must admit that the rally has been a little more exuberant than I had thought. I was a little surprised by the response on Friday. Maybe it’s just a rally in a bear market, which I think is what it is, but I have to admit I have been somewhat taken aback by the fact the market has remained as strong as it has, given the fact that the yield curve is inverted and will continue to invert even more,” he said. He added he’s now “less amenable” to his previous prediction that the stock market would be down another 20% by the end of the year.

marketwatch.com