I don’t actually disagree with them that Wall Street folks love to be bearish because it makes them sound more intellectual. As with most things, I’m pretty in-between. I was calling for everyone to start buying at the $2,500 mark on the S&P (see my very first tiktok ever). But now I just think that the valuations are too rich to be a buyer in the market.
A “bull” case for the stock market
China’s economy saw massive growth in Q1, improving by 18.3% compared to the year-ago period, WSJ reports. The world’s second-largest economy nearly tripled the “6.5%