That thinking is inline with the following as well;
https://www.investmentoffice.com/Observations/Markets_in_History/Stock_Markets_during_the_second_World_War.html
The stock market started raging long before the end of WWII, the idea in the article being;
"(…) the bottom of a bear market by definition has to be the point of maximum bearishness, and from that point, the news doesn’t actually have to be good, it just has to be less bad than what has already been discounted in prices."
Picking 'peak bearishness' will be tricky, of which this forum is not a good barometer as VMT has always had very bullish commentators.
Ann: Market Update, page-65
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