From Pragmatic Capitalism:
JP Morgan thinks we’ve seen the market bottom. They cite three different factors that lead them to believe this:
1. Analysis Paralysis: Proxy for Buy-Side Capitulation. For the first time since the correction started (April 23rd), we saw demonstrable “analysis paralysis” from our clients. That is, despite rationally saying valuations are attractive, they were...
Read full article...
More on stocks:
JPMorgan: How to invest in a sell-off
Why this year could be far worse than 2008
Richard Russell: "This market has nowhere to go but down"