Bonds must be wrong, right? They are manipulated, right? Stocks must be the arbiter all of future knowledge - just like they were in 2008?
Still, as July 10, 2018 script async src="https://platform.twitter.com/widgets.js" charset="utf-8"/script">Gluskin Sheff's David Rosenberg points out, anyone questioning the bull thesis is lambasted...
"I'm accused of 'confirmation' bias and yet last I saw, the broad NYSE composite is no higher today than it was back in December, and has not made a new high since Jan 26th. Sounds a whoooole lot like a classic topping pattern..."
Doesn't look like a 'rebound' as much as the other indices so dominated by FANG etc.