It's not a bull or a bear market, it's a 'bunny'

23 March 2016, 16:21
Seth Dompreh

Before bottoming on Feb. 11, it looked like stocks could be heading into a bear market. The subsequent rebound, though, suggests the bull is back on.

In fact, the truth may be neither. The current trend looks more like a "bunny market," according to Jim Paulsen, the widely followed chief market strategist at Wells Capital Management.

What's a bunny market? It's certainly not like the Easter Bunny, who goes around handing out treats, but instead more like a rabbit bopping up and down in place.

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