Inflation growth is going down,in recent month there are no more data pointing out that inflation is increasing, unemployment is still very low, earnings are decent, GDP Q4 growth, China reopening, war has deescalated, oil price going down a lot.Even if we have recession, its gonna be really mild one. There are so many indicators and data pointing out to soft landing which would mean bottom was in at 3500.
Its not like something is terribly wrong with economy, in few months as soon core inflation goes below 5% things will get much better.
I feel like most people here want hard landing just because they shorted market or something..
Leave a Reply