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Is It a Bear Market Rally?
markets have a very unique way of of leading sentiment, of leading positioning. And i think exactly what has unfolded here since the beginning of the new quarter, hasno hin to do with fundamentals. This goes back to in the month of june, you look at risk, and you understand that alicators of risk were positioned like it was two thousand and eight,. But there was one problem. Where was leman brothers? I didn't see men brothers. So now what's unfolded for the better parton we have this. Throw this up. This is the bank of america global fund manager, rihtway. We this. The net percentage of people taking higher than normal