^^^ +1s for excellent analysis … the BULLS keep running up the score
as 2023 1st HALF has been great for equities … However many issues loom large
1. Will OIL continue to go higher & increase INFLATION (avg GAS = $3.75)
2. FOMC still has PUNCHBOWL in hand (so no decrease in rates ahead)
3. will MAIN STREET still stay strong in consumer spending
4. Will ICARUS fly too high & those golden wings of wax melt – lol