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Why I'm still bullish on equity markets Add to ...

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Financial insiders use the phrase “the bear case always sounds smarter” to warn against being overly clever about pessimistic market forecasts. Anyone can imagine disasters that could cause huge sell-offs but history has shown that over time, the path of least resistance for markets is higher.

I keep repeating “bear case always sounds smarter” to myself because I’m sorely tempted to adopt a really, really negative outlook for equity markets. Helpfully, the strategist I trust most remains bullish.

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