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Technical Analysis

Still a Bear-Market Rally; High Volatility to Last: Morris

“We’ve had a massive fall in the last couple of years. We’ve had quite a significant bounce, that’s fully in tune with what we could expect in a normal bear-market rally. I think it is a bear-market rally. I think we peter out fairly soon. And I think we’ll have continued high volatility for the years to come,” Charlie Morris from HSBC Global Asset Management said.

The economy is going to show growth in the third and fourth quarters, said Tommy Williams, president of Williams Financial Advisors and Janet Engels, director of private client research at RBC Dain Rauscher.

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