Signs of a Bottom

The S&P 500 gained 6.4% last week, the second-best post-pandemic performance for the large-cap index.  For a moment there, we were out of bear-market territory, bouncing to an 18.5% decline from all-time highs. Now, it’s a bear market again ¯_(ツ)_/¯
All silliness aside, calls for a bottom appear premature.
Michael Cembalest and his team did some work on what you want to be on the lookout for, and we’…

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