It was a positive week in both the stock and bond markets as investors stepped back in. Earnings reports in some sectors (financials) were not as weak as some expected, and there continues to be interim cooling of inflation (gas down the past month). Also, Bank of America’s Global Fund Manager survey shows extreme bearish sentiment readings, a contrarian indicator. Growth stocks (especially consumer discretionary and technology) outperformed value (especially energy related stocks, the big
This content is for Premium subscribers only. Please register or click here to login.