CalSTRS CIO Ailman Sees Bear Market 'See-Saw' Pattern Ahead for Stocks

The video discusses the market rally since March 23rd, focusing on who is buying and the impact of global economies on the US market. It highlights the role of non-US money and the challenges faced by Asia and Europe. The discussion also covers market trends, PE ratios, and corporate earnings, predicting a classic bear market pattern without significant PE expansion.

What does the speaker suggest about corporate earnings in the current market?

What does the term 'bear market seesaw pattern' refer to in the context of the discussion?