"We expect valuations to recapture some of the lost ground by year-end as markets come around to our view that this is a growth scare and recession is not imminent," says Jeff Buchbinder, CFA, Equity Strategist, LPL Financial.  At the risk of sounding cliché, making the case for stocks to stage a second half rally back to the prior highs requires investors to see through some heavy cloud cover. If you prefer another market cliché, it’s times like these when investors need a crystal ball. We fully acknowledge how tough it is to see the bull case for stocks right now, and a retest of recent lows is certainly possible, but this week we lay out the bull case for the second half of the year. It starts with inflation.  Read more.