Bear market rally moon shots!

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The Market Ear with the latest internals.


In a real proper bear market squeeze…

….we would see sentiment swing to a massive plus. The chart shows the average percentile of 16 different sentiment indicators. Point being; we have not had a proper bear market squeeze (>30% a la GFC and dot.com crash) so far in 2022…


Goldman

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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.