XJO - Bear Posts only (Factors which might cause the markets to fall), page-11815

"Any idea why the poster has so far been 400pt wrong?"

The -7% contraction in earnings was predicted by FactSet and has since been revised up to -5.2%. (See here.)

Factset has also predicted an increase in earnings for the 3rd & 4th quarters of 0.2% & 7.6% - and they are usually right. So the market should see past the earnings dip and rally? OR, the recent CPI increase (and upward CPI forecast?) has changed the outlook and the market is now factoring in more rate hikes?

IMO, the fed is making its move at engineering a recession to get interest rates back to its 2% target. So, the fed is driving the market lower and this will be followed through with more rate hikes in September, etc.

The fed's immediate target is to get the market below its 200ma and keep it there. With the fed in control and with intent to reach its 2% target, this bear market could last a long time (1-2 years)?

This is just my opinion - please DYOR.