This was expected IMO. Inflation looks to be cooling, stocks rise, and then it creeps back up. I bet the FED still raises 75 and then they still raise again early 2023.
Earning will suck really bad.. Enough to get stocks down to new lows. Once people give up then bottom will be put in.
But I'm still in 50% stocks because down this low and with everything backwards in todays world I can't risk missing out if FED goes stupid and lowers rates in spite of inflation.
Earning will suck really bad.. Enough to get stocks down to new lows. Once people give up then bottom will be put in.
But I'm still in 50% stocks because down this low and with everything backwards in todays world I can't risk missing out if FED goes stupid and lowers rates in spite of inflation.
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