Should You Buy the Dip or Sell the Rally?

David Snedden from Credit Suisse provides an analysis of the current US equity market, highlighting a bearish outlook and the importance of support levels. He discusses the selective nature of recent market movements, focusing on the growth vs. value debate and the impact of real yields. Snedden also addresses inflation trends, suggesting a peak in inflation break evens and their implications for bond yields.

What does David mean by 'temporary bounce' in the market context?

What are the implications of the growth to value ratio mentioned by David?

What is David's perspective on inflation and its impact on the bond market?