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Is the Bear Market Over? (EP.311)
Animal Spirits Podcast
The Bear Market Is Over
The S&P 500 is now exactly flat on a total return basis since the close on Powell's first rate hike on March 16, 2022. So I am ready to pronounce the bear market from fears, legitimate fears of higher cost of capital fed acting aggressively. But it's too early to declare that we're in a new bull market because I think legitimate fears of a potential slow down the head are still alive and well.
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