Stocks: A Welcome Change in Tone

While there will still be a ceiling on stocks for the next couple of months, S&P also believes there is finally have a floor underneath prices

The overall tone of the market has changed for the better, in our view, as bad news is no longer met by new bear market lows. When the market can flatten out and begin rallying in the face of miserable headlines, it may be a sign the worst is over, at least for the intermediate term.

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