evidence building that inflation is cooling. Interest rates are coming down fast now as a result : 10 year is down to 2.85%, which is still a low rate and a positive for stocks if it holds. the bond market is saying that the Fed might be able to fight inflation without killing the expansion.
VIX is screaming high at 34.
non-tech stocks are doing badly but far better than tech stocks. Value is down just 6% year to date. Some value funds are positive for the year.
but crypto-world is blowing up in front of our eyes and will probably go to near zero. How much of a hurt will cypto's demise hurt the rest of the stock market and maybe even the real economy?
So when the shock of crypto-zero wears off maybe we can get some bids under the stock market?