Stocks: Still the Most Hated Bull of All Time?
March 24, 2017 at 11:34 AM EDT
Earlier this week, the S&P 500 dropped more 1% for the first time since October -and the bears are already out in force, claiming that it's a harbinger of the pain to come. For Strategas Research Partners' Jason DeSena Trennert that's just another sign that this is "still the most hated bull market of all time." It is quite amazing. Even after dropping about 1% this week, stocks are still up 5.2% this year, and just 1.9% off its all-time high. Yet to hear the bears talk, there's nothing keeping stocks aloft but the hopes and dreams for fiscal spending and tax cuts . Strategas Research Partners' Trennert disagrees: