Two paths from here. Bear market rally that quickly revers…
Two paths from here.
Bear market rally that quickly reverses, perhaps as soon as today
or
a larger rally >10% with market already up 5% from low.
The former is better for bulls, the latter for bears.
Replies
Quick low and the market rallies into 2023, time for inflation to cool and Fed to pause.
Market rallies here and looks like will take crude oil and commodities with it, Fed may pause at a higher level.
The Fed considers rising stocks a signal that it hasn't hiked enough.