The U.S. stock-market rally seems unstoppable, so why does bearishness still persist
July 14, 2023 at 15:53 PM EDT
The U.S. stock-market rally that marked the first half of 2023 continues into the second half, leaving bullish investors clinging to the optimism that has helped the technology-heavy Nasdaq 100 index advance by 42% for the year to date, while bears are trying to time the point when momentum fizzles out and the trend shifts to the downside.
