“Bear market rally over”

Tuesday, 5 April 2022

Morgan Stanley with another great bearish note. Stocks are the village idiot of asset classes and capable of dancing off a cliff at any given moment so I wouldn’t be so bold as to predict the precise timing of any end to a bear market rally but the narrative is right and it is only a matter of time.

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1Q Was Rough Even with the Strong Finish

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.