Is such behavior indicative of a stock market revival or simply
evidence of a bear market rally?
Not exact matches
Now, I'm not saying we're in a
bear market for sure, but the weight
of evidence is certainly piling up in the
bears» corner.
You obviously can not have a new bull
market begin until the prior
bear market ends, and until those new highs get made, there is a lack
of convincing
evidence.
The slight
evidence of an oversold
market is certainly nothing to speculate on, since
bear markets can remain deeply and repeatedly oversold without consequence, but it does allow the possibility
of a sharp intermittent rally to clear the
market for a fresh decline.
For now, we remain defensive, but we recognize the potential for a «
bear market rally» despite conditions that, as yet, do not provide enough
evidence to warrant removing a significant portion
of our hedges.
This instance may be different in the near term, but a century
of evidence argues that the completion
of the
market cycle will wipe out the majority
of the gains observed in the advancing portion to - date (even without valuations similar to the present, the average, run -
of - the - mill
bear market decline has erased more than half
of the
market gains from the preceding bull
market advance).
Although the
evidence is far from conclusive, when taken together a number
of price - related developments since the beginning
of this year suggest that the cyclical commodity
bear market has ended.
First, there is no
evidence that active managers are any good at building cash reserves in anticipation
of bear markets.
There is very good
evidence based on long - term Q ratio, smoothed PE, price regressions, and mkt cap / GNP metrics that the
market just reached FAIR VALUE in March
of 2009, and that stocks have essentially been in bubble territory since 1994, with the exception
of the few months near the bottom
of the 08/09
bear.
This project is a literature review
of studies (including international studies) on how legislation, policies, programs and practices
bear on the financial security and labour -
market experiences
of workers who sustain a work injury, and
evidence on the adequacy and equity
of benefits provided by programs in different jurisdictions.
Our years
of experience have
borne out
evidence of our capabilities on behalf
of any stakeholder in this real estate
market.