Inflation is slowing down, at this pace we're gonna be at around 3% by Q4 '23. Unemployment is still historically low even if it goes to 4-4.5% it's around average historically. Its obvious that banks aren't going down and they will get bailout even if other banks collapse that basically sends message they won't let economy crash for election next year, money printer will be turned back on probably late this year when inflation goes below 3.5%, earnings are still quite decent too.
I feel like finally we're starting to see some better news, yes inflation is still high but market is forward looking and pause is probably already priced in.
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