Monday, October 20, 2008

Bears Are Turning To Bulls All Over

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.

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