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WALL STREET INSIGHT

Not sure latest bear market scare is over

December jobs data could settle the debate over recession, meanwhile
Monday, February 1, 2016 - 05:50
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The root causes of the oil bust - oversupply and the strong dollar - are still in full force.  Last week's recovery may have been the latest of many false dawns.

IF JOBS reports help US stocks rise for the third week in a row this week, the latest bear market scare may be at an end. That's a big "if." 

Major indexes rallied last week to pare losses for January, but still endured a historically bad opening to the year.

According to Carter

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