A few insiders are optimistic that we've turned the corner and the economy is now strengthening or at least stabilizing. Many others are skeptical and see the markets sinking further after this rally runs its course.
It may very well be a bear market rally after all. Just a few months ago the S&P was up over 900, which at this point seems fantastic, as in a fantasy.
We might suspect that if the numbers are bad this coming week, then we tumble and go through another few months of losses, followed by maybe another bear market rally. A pattern is arising.
NYT: Market Rally Could Trip Over the Bottom Line
...investors will find out exactly how companies across all industries performed during the first three months of the year.
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