Good morning contrarians! The financial news was filled with doom and gloom stories this weekend and the type of headlines you expect to see at bottoms.
Examples include:
“Stock market bottom remains elusive…things are just going to keep getting worse” —WSJ
“The sell-off isn’t over” —Barron’s
“Conditions are ripe for a deep bear market” —WSJ
“Simple tips for surviving the bear market” —Yahoo Finance
More in today’s briefing and podcast, now live here:
So true, I just posted a similar thought. I'm not sure sentiment was this bearish during the 2020 crash. doom and gloom everywhere... time for a rally. :)