You might have heard Powell use the term "Soft landing" today
This is where the Fed perfectly balances the increase in interest rates with the decrease in inflation.,
So the stock markets gradually go down for a "soft landing" instead of crash
This is a chart of the S&P 500 projecting a soft landing
We should have a few more up days, followed by another decline down to around 4,100
If we hold that support I would project slow growth for the remainder of the year
If we break below 4,100, I foresee a bear market similar to the post dot com bubble in 2000
This is where the Fed perfectly balances the increase in interest rates with the decrease in inflation.,
So the stock markets gradually go down for a "soft landing" instead of crash
This is a chart of the S&P 500 projecting a soft landing
We should have a few more up days, followed by another decline down to around 4,100
If we hold that support I would project slow growth for the remainder of the year
If we break below 4,100, I foresee a bear market similar to the post dot com bubble in 2000