SPX going through it's final peak euphoria wave before the final blow off top in my opinion. Recession is coming as indicators such as Sahm Rule, Inverted Yield Curve are predicting a recession. The FED is blindsided by a dead cat bounce in inflation and will find themselves in a position to cut rates insanely fast.
I think it’s pretty clear we have avoided a recession (Jerome, Powell, 12/18/24).
One last final high on the stock market before the recession is coming in my opinion.