"Would hate to see it get back to ATHs "If the market goes back...

"Would hate to see it get back to ATHs "

If the market goes back up they are stuffed.

That's because an up market means: more money - more spending - more inflation (and the fed's 2% target will never be reached).

It also means they will have to squeeze lower income earners harder with higher interest rates to bring inflation down.

They need a recession and they need it quick - or else they will be going to an election with high inflation and/or a recession.

I would not be surprised if the fed fudges the numbers up to help achieve its goal.

The way this market has been moving looks very suspect to me.