Marketmind: One investor’s rebound is another’s bear rally

Published by
Reuters UK

A look at the day ahead in markets from Julien Ponthus. What a difference a week makes! With the Dow Jones snapping out of its longest weekly losing streak in nearly a century and scoring its best week since 2020 last Friday, the narrative across stock markets has swiftly moved from meltdown fears to hopes of a rebound. But there are contrasting expectations at play: some strategists believe the S&P 500’s 9% bounce back from its May 20 lows could in fact hide a bear rally, or in other words, a money trap before a deeper spiral lower. Still, capital is making its way back to the stock market wi…

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