Bull Run Recovery on it's way

Inflation dropped to 4%

With inflation trending down nicely, it's unlikely Fed will hike rates again, at least for the next few months.This is a boost to the ongoing bull run in the markets, esp for tech/growth sectors.

I understand most people are still bearish on the markets and have poor outlook forecast.

But we need to look at key data.

There are 2 key reasons why i think the worst might be over already:

1. S&P 500 is officially in a bull run (after rallying more than 20% from Oct'22 Lows)

2. With inflation seemingly under control, consumers & businesses have more confidence to spend more. This helps the economy to recover.

Markets tend to be forward-looking by 6-9 months.

If the recovery is happening in the 2nd half of the year, it's not surprising that Mr. Market is heading up first