By Remember, the first 3 days of 2022 were also very colorful in Europe (or on the S&P 500) and gave hope for a good stock market year. The rest is history. All the world's financial markets have plummeted, to the rhythm of the war in Ukraine, the blockades in China, the disappointments of the American techs, and so on.
Could it be that the smart bears have disguised themselves as bulls again this year to push us to strengthen our positions and then do the breakdown trick?
This rise, which looks like a delayed Christmas rally, is fueled by some good news such as the slight decline in inflation in December and the reopening of China. But this fragile balance remains dependent on the upcoming corporate earnings reports, which will set the tone for the coming quarter. Let's remain cautious. A bull can always hide a bear.
