Subramanyan
11-26

Seeing how the things are shaping up if late, it is a yoyo kind of situation: one step forward on a day followed by three days backwards. And all this is happening with no alarming tweets coming from Trump either (which can't be expected to last for long anyway). So, with the risk of sounding pessimistic why trying to be pragmatic, I feel there is a good chance that this is a DCB & not a rally in the real sense. I would be most happy to be proved wrong!

Market Rebound: Will Thanksgiving Week Break the Four-Year Pattern?
The S&P 500 index fell about 2% in November, marking its worst monthly performance since March, while market volatility surged. Citi’s Head of Wealth Management said there is still “some room” for the bull market, and this Wall Street giant has seen record inflows from wealthy clients this year. Last Friday, expectations for a rate cut shifted again, prompting an emergency Fed intervention that ultimately turned the market positive. Will this week see a “mindless” rally? With the Fed set to end QT in December, is this year’s decline over? Are you bullish or bearish?
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