The Truth No One Wants To Hear About Stocks
I’ve been getting under some people’s skin. And it’s because I’ve been unapologetically bullish for the last couple months. I get it. No one wants to hear the bull argument after the horrible year we just had in stocks. But things have changed. Many investors haven’t entertained the possibility that last year’s bear market is over. Q4 2022 hedge fund letters, conferences and more They’re certain the stock market will head much lower. Their arguments sound something like: “Inflation is still too high; the economy is speeding toward a recession; the Fed isn’t done raising rates.” I get where the...