Let’s count some market bears recently turned bullish. Granted, not all the bears are of the perma- variant, and their bullishness is considerably more nuanced than the fevered pom-pom shaking you hear from the perma-bull side. Nevertheless, here are a few notable market bears that have turned bullish in the last two weeks or so:
- Jeremy Grantham
- Doug Kass
- Barry Ritholtz
No sign of Peter Schiff, David Tice, Michael Panzner, etc., but that admittedly may require considerably more than a mere 40+% year-over-year decline, plus a few major banks and brokers going down, etc.
Feel free to add to the list.
[Update] More names in the comments here, and another name suggested via email is Ned Davis.