QQQ has been up 25% and SPY up 9% YTD. Are there still uncertainties that will trigger another major downturn?

interest rate hike will likely be done very soon. Inflation going down.

People are talking about recession for a year, is it still coming.

I see the market volatility decreased.

So is that it for this bear market? Are there still uncertainties that will trigger another major downturn?