The Economic Data Supports Both Bull And Bear Cases

Whitney Tilson’s email to investors discussing the greatest 50-day rally ever; the bear case and the bull case; the nearly nihilistic market rally; today reminds Enrique Abeyta of 1999.Q1 2020 hedge fund letters, conferences and moreThe Greatest 50-Day Rally Ever1) Following up on Tuesday’s e-mail on “why I’m steadily becoming more cautious,” I’d like to share more of the bull and bear cases for the market going forward…We’re clearly in a bull market right now – in fact, by one measure, it’s the fastest, biggest bull market of all time. According to LPL Financial Research, the 39.6% gain in …

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