Bearish on 2023 outlook; in a world of QT, it’s better to sell the dip: Rupal Bhansali
“The most recent rally that we have had is more akin to a bear market rally because of very negative technical positioning. I am not convinced that it is going to last and so instead of buying the dip, people might consider selling the rip, that is the change. Defence will be peoples’ best offence in this market environment. I am quite bearish on the outlook for 2023.”
