Don't bet too much on the possibility of a sustained market rebound here.

Michael Daudelin |

  With the cross currents of inflation and the expectation for an economic recession, we can look back to the 2015 - 2016 period for similar circumstances and how the market performed during that period.

                                                                                             Chart of S&P 500 Index from 2015 thru 2016

In a nutshell, not too well, sharp rallies followed by sharp drops with no real gains. The markets have had a decent move up over the past two weeks, but it is much to early to call a bottom.

-Michael Daudelin