The swing in the U.S. market continues. S&P 500 bounces back from local lows and rises 2.7%

The swing in the U.S. market continues. S&P 500 bounces back from local lows and rises 2.7%
Photo by Oren Elbaz / Unsplash

IF News: The positive momentum is probably temporary. So far there are no prerequisites for a full recovery of stock indices.

Inflation is still high and demand is still at a high level. That means the Fed will continue to raise rates, which is negative for stocks for at least the next 6-9 months.