Its Not Over, page-3

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.