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Global stock markets delivered dreadful losses in the fourth quarter of 2018, with many of the most relevant market indexes falling by 20-30% in a short period of time. But things turned around abruptly in 2019, with stocks all over the world producing massive gains and recovering a considerable share of the ground they lost in 2018.
In this context, it makes sense for investors to wonder if we are just seeing a short-term rebound in a bear market or a renewed long-term bull market. In other words, should we be selling the rips or