After the S&P 500 slid 23% from the start of the year through June 16, the index has rebounded 17%. This has many investors saying that the bear market is over and that the rally is here to stay.
Not so fast, say Bank of America strategists.
“Only 30% of our bull-market signposts” — things that happen before a market hits bottom — “have been triggered, versus 80% in prior market bottoms,” they wrote in a commentary.
នោះ "បង្ហាញថាការដកថយមួយទៀតទំនងជា" ។
The strategists said that “one signpost with a perfect track record [since 1935] is the Rule of 20.”