US Is in a Bear Market Rally, Wells Fargo's Cronk Says

The video discusses the current state of the financial markets, highlighting the volatility and key indicators such as the VIX, S&P 500, and the dollar. It explores the concept of risk appetite in the context of market pullbacks and buying opportunities. The discussion delves into the characteristics of bear market rallies, noting their increasing size as the market ages. Key indicators for the end of a bear market are identified, including housing market trends, earnings estimates, and the Federal Reserve's interest rate policies.

What recent market event contributed to the increased volatility discussed in the video?

• The decline in oil prices

• The rise in the 10-year yield

• The increase in gold prices

• The drop in housing starts

How do bear market rallies change as the market ages?

• They become smaller

• They become larger

• They become less frequent

• They become more predictable

What is one of the indicators that a bear market might be ending?

• A decrease in unemployment rates

• An increase in technology stocks

• A bottoming of housing forward indicators

• A rise in consumer spending

What has been the trend in earnings estimates since the beginning of the year?

• They have increased by 2%

• They have increased by 5%

• They have decreased by 2%

• They have remained stable

According to the video, how far are we from the Federal Reserve's last interest rate hike?

• At least six months away

• Already past it

• Less than three months away

• More than a year away