Bullish or bearish?
Market strategists are often put into one of two camps: perma-bears, who deliver a steady message of doom, such as “prepare for the imminent collapse,” or perma-bulls, who always see the rosy side.
In my work, I’ve never run across anyone who fits these simplistic labels. I find that most of my fellow strategists and economists are trying to sort through and evaluate large amounts of conflicting and puzzling data. We face the reality that the world around us is always changing, and our forecasts may need to adapt to what we actually observe.