JF says a bear market rally is coming

JF Asset Management is making a case for the likelihood of an equities summer rally, particularly in August and September.One reason for that expectation, and perhaps the simplest explanation, is that stock markets worldwide have been sharply oversold year-to-date and are due for a respite from all the gloom and doom. The summer rally will likely be a bear market rally, however, with uncertainty and volatility characterising market movement in the months beyond September.ôThat old say…