Stock News - Investors: The Worst is Yet to Come

BArticle by Steve Reitmeister in Stock News

The recent bear market rally is not surprising. That is because stocks dropped as far as they should until there is greater proof of the pain that is to come in the economy.

Yes, we are having another bear market rally as stocks have bounced nearly 8% from the recent lows. Any student of past bear markets will see that each had several meaty bounces before the next leg lower.

Meaning there is no real reason to give this bounce any merit as the beginning of the next bull market. That is because investors cannot accurately call bottom yet as we are still in the midst of things getting worse. Meaning we need to have a better sense of how bad things will truly be in the end.

There is no way to look at the reductions in earnings outlook in a positive light. Note that for Q3 and Q4 the earnings growth rate has been cut in half since  .......

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