We have come to the end of Money Supply. High inflation means money printing needs to stop and be reversed. The Stock market achieved 200% increase during a period of absurdly low-interest rates and huge quantities of money being pumped into the system. Now inflation is high interest rates are rising and money supply is ending.
In spite of this the SP500 trades at 17% higher than pre-pandemic highs. It seems very unlikely we will see all-time highs any time soon and very likely we have at least a 15% -30% drop in the SP500
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