My brief view of US stock market

After the stock market crashed in March 2020 due to the pendamic, the stock market recovered strongly with the first stage of bull market (easy money with green shoots) with the unprecedented QE and near zero interest rate. We are currently at the second stage of bull market (the most choppy and volatile stage with big up and down) with the expected tapering follow by the rise in interest rate. Thus I expected next year 2022 the US stock market $S&P 500 Index (.SPX.US)$ will end with flat or slight increase. Second stage will be good for traders (need volatility for profits). However for long term investors the show will go on only in the third and last stage of bull market (exuberance stage). For all the traders out there, all the best for the year 2022.