Fully share 1Ronnie optimism about the market, in the short term*. As a lot of things have changed in a short period of time : - long term rates have come back, - earning season is decent, in particular for big tech, with the exception of semi conductors and ad related businesses (expected in both cases), - China is putting in place a massive plan to protect its property sector.
Probably a lot of ways to play this market : - small caps, cheap after their large correction, - tech, same reason + good results (as expected 2 exceptions : semi conductors and ad related), - asset managers, also cheap after correction, while they will be an obvious beneficiary in case the market rebounds.
* The main risk is, of course, inflation. Any sustainable rebound of the market will require a significant decrease of inflation and long term rates.
