As Franklin Templeton's Chief Market Strategist and Head of the Franklin Templeton Investment Institute, Stephen Dover leverages the knowledge of the firm's autonomous investment teams to provide global capital market and long-term investment insights internally and to clients. The Franklin Templeton Investment Institute harnesses the depth and breadth of the firm's global investment expertise and extensive in-house research capabilities to deliver unique investment insights to clients. Mr. Dover is a member of Franklin Resources' executive committee, a small group of the company's top leaders responsible for shaping thefirm's overall strategy.
As bears give up, their moves add fuel to the rally that’s already the fastest in nine decades.
One of my concerns is that all of the bears seem to be in hibernation and whenever that’s the case, historically it’s been an indicator that it’s a one-sided trade. I can tell you just anecdotally that we do have bears - strong bears - within Franklin Templeton, but they whisper now rather than speak loudly because they’ve been bears for the last year or so.