Other than energy, there is very little to be bullish on even looking months ahead. This concept of the "second half rally" in 2009 is a ridiculous claim that pundits constantly push simply because they want it to be true. Furthermore, this idea that we are discounting the news is ridiculous because as the past year has shown us, the market has constantly underestimated the severity of this crisis and continues to do so now.
The Bull Run Begins This Week [View article]