FTDS - Optimism Abounds: Bear Market Bounce Or Buyable Bottom?

• Based on several recent reports, it appears the Fed may be achieving its goal of demand destruction.
• What’s more, even though inflation is still elevated, it appears to be moderating based on the latest data.
• On top of this, the market has been massacred over the last few months with many stocks hitting all-time lows.
• Nonetheless, the market has bounced back substantially over the last week, leading some to ask, is this a buyable bottom or bear market bounce?
• In the following piece, we will attempt to distinguish reality from repartee and come to a conclusion as to whether this is merely a bear market bounce or buyable bottom.

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