Sp500 ends week green? All medias publish bullish articles. When its red; bearish. Rinse and repeat. They are useless.
Looking at all the macro you cannot be optimistic, im sorry. People claim O BUY INFLATION WILL PEAK AND SUPPLY GETTING BETTER. what if, hear me out, inflation peak but plateau at 4-5%; FED bro won’t save the market with QE then.
But the recession will calm inflation, I hear you say. Since when has a recession being bullish on stock? We haven’t even seen Q2 earning (big probability for earnings contraction and lower guidance).
So yeah… Why are pet bullish except that its a small bear rally?