Has the bull market arrived ⁉️
Despite a liquidity crisis occurring in the Bank of America, the FOMC continues to adopt a steady interest rate hike policy to deal with inflation. However, US PCE data for February fell 0.3% from the previous month, falling short of expectations. I think there is a big possibility that the FOMC will suspend interest rate hikes due to this. Also, considering the recent upward trend in the US stock market, isn't a bull market coming? $SVB Financial (SIVB.US)$ $Nasdaq (NDAQ.US)$
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