ISCV - Market Pullback Or Bear Market?

• The many tailwinds that supported the rapid rise in the markets from 2020 to the present have started to reverse. Also, not surprisingly, is the subsequent surge in inflation.
• Now, the financial markets are starting to reflect the risk of a more aggressive Fed working to reverse the artificial surge in liquidity.
• While the weight of evidence suggests that the bears are gaining control of the financial landscape, outcomes are not guaranteed.
• Other than the decline from extreme overbought conditions, so far, the market has not violated important support or bullish trends. In other words, so far, we are simply working through a market pullback.

For further details see: