MKT Call 10/4/22: Stock Market Rally Gains Steam
RiskReversal Pod
00:00
The Face Ripping Rally in a Bear Market
The most violent rallies take place in bear markets. The move you're seeing is exactly that. A face ripping rally, people are overly bearish and yesterday is a classic example of first day of the new month with overwhelmingly bad news over the weekend. And listen, the market might be right and maybe the Fed is the reason to be along the market, but I would submit this: It's not going to help companies.
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