Published: Monday, 27 Jun 2011 | 5:39 PM ET
With the first half of the year winding down amid so much uncertainty, will bulls or bears prevail during the second half?
According to CNBC Contributor Rich Bernstein, of Rich Bernstein Advisors look for the bulls to come back with a vengeance.
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That’s largely because the former top Merrill Lynch strategist expects money to rotate into the S&P 500[.SPX 1280.10 
11.65 (+0.92%) 
]as investors come to understand the strength domestically.
”We have the steepest yield curve in the world right now. We’re leading the world in positive earnings surprises and more importantly positive revenue surprises.”
Ironically, the reason the trend may be so bullish is because investors don’t see it that way - yet.
”I don’t think investors realize this yet. If you look at retail flows we see investors buying into the emerging markets,” he says.
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