John Authers, Columnist

When the Ice Melts, the Bears Have to Move

Helicopter money is about to lift them into a new inflationary age that will favor stocks over bonds.

March 20, 2020 at 4:06 AM UTC

John Authers is a senior editor for markets and Bloomberg Opinion columnist. A former chief markets commentator at the Financial Times, he is author of “The Fearful Rise of Markets.”

Endangered.
Photographer: PAUL J. RICHARDS/AFP/Getty Images

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Is the ice about to melt? For a decade many stubborn bears have refused to accept the long-standing bull market in U.S. stocks. Now they are readying for the moment when they at last switch and recommend buying.