The markets finally got their long-awaited bounce yesterday, after weeks of relentless selling off.
So, is the bottom in?
Has a relief rally just begun?
It’s too early to know for sure. But given the extreme oversold levels, it’s certainly possible.
We’ll know more next week, says financial advisor Lance Roberts, as the next few trading days should prove out whether this is indeed a trend-reversal or just yet another fake-out.
Lance and I also discuss the outlook for jobs, housing, crypto and whether recession is already baked in the cake for this year.
For your weekly dose of everything that mattered this week, watch this new Weekly Market Recap featuring Lance Roberts:
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