Are we in a bull or bear market for stocks?
The markets had a particularly bad end of February/March when forced liquidation created a crisis of proportions last seen during the financial crisis. The Central Banks, as usual, stepped in to provide all the liquidity anybody could possibly want, or need, by blowing out their balance sheets to levels never seen before. The result was to calm the financial markets, provide stability and reduce volatility. The US Central Bank (the Fed) in particular has been extremely aggres