Anatomy of the Bull Market

Check out the accompanying pdf and chart collection. (1) Corrections, bears, and bulls. (2) The market knows best, usually. (3) Outlook for the four investment styles. (4) Staying with the outperforming sectors since September 1, 2020. (5) Breadth measures showing broad bull market. (6) Broad bull market should continue to benefit SMidCaps, with outperforming forward earnings. (7) How much downside for Growth-to-Value ratio? (8) The valuation case for staying home in Value. (9) Why have the Bond Vigilantes taken a siesta? (10) Europe is lagging the US on pandemic front and still in recovery rather than expansion mode. (11) EU’s pandemic relief is actually a green new deal. (12) When will the ECB start tapering?