3 Reasons I'm Getting More Bullish About Stocks

3 Reasons I'm Getting More Bullish About Stocks

Like many investors, I haven't been optimistic about the near-term prospects for the stock market in quite a while. It's hard to be cheerful when the Nasdaq Composite Index has been in a bear market for months and the S&P 500 briefly entered bear market territory. To be clear, my positive view of stocks as a long-term investment hasn't changed at all. However, I've been generally gloomy about the market over the shorter term. Until now. Here are three reasons why I'm getting more bullish about stocks. 1. The possibility we're in a recession You might be surprised by my first reason for increased optimism. My newfound bullishness is based in part on the likelihood that the U.S. economy is now in a recession. Granted, a recession isn't official until …
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