A Cyclical Correction Looks “Priced into The Market”
A Cyclical Correction Looks “Priced into The Market”The economic headlines last week were anything but reassuring, yet stocks rose anyway. It can be a challenge for investors to make sense of why stocks rally in the face of missed earnings and, in some cases, lower guidance. But time and time again, a big drop in stock prices typically precedes a tsunami of bearish data followed by a rally in the averages ahead of the headlines and data turning positive again. Q2 2022 hedge fund letters, conferences and more This mental dilemma can make it difficult to pull the trigger and raise exposure to eq...