SPX- Inflation has peaked. Leading indicators point downwards.
- US Economy is relatively Strong. Soft Landing?
- Positioning and Sentiment is very bearish.
- FED is signaling a slower Pace + they are closer to a neutral rate.
- EPS have been downgraded so that there are room for surprises.
- Valuations look fair in a historical context.
- Bear Market trough was at -27%. (Median Dradown in a Bear Market) Correction might be over.
- Institutional Investors are net short or in cash.
- China is easing its covid 19 restrictions.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.