I know that Easter has come and gone, but if supermarkets are still selling Christmas mince pies (yes, it’s a fact) then I'm going to write about the Easter bunny! Actually strictly speaking it may not be the Easter bunny as it has been hopping around for more than three months. But regardless, it makes a pleasant change from talking bulls and bears.
Last month Jim Paulsen, strategist at Wells Capital Management, introduced the idea that we are in a bunny market and we're set to stay in it for some time. Unlike an enthusiastic bull which spikes the market higher, or a scary bear that claws the market down, a bunny market simply hops around and never really gets anywhere.
Read the full article here.