Possible. But more likely due to the early data for July implying we may have reached peak inflation last month. This led to the S&P ending green on Friday. Next months CPI data if lower than anticipated ought to lead to a substantial rally in stocks across the board and hopefully with more interest hikes a return to the norm. This would be a bit of a rarity though. I'm personally preparing for another 7 months of pain.
Banter and general comments, page-12646
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