In Jan 2022, I wrote that I would start buying stocks in 2022 when I see the Feds pivot. When the Feds start getting dovish, when they stop hiking interest rates and start thinking about cutting – that’s when I would be a big buyer. I said that I see a Fed Pivot happening in 3 ways: S&P500 drops 30% or more (3500 or below)Credit Markets start to breakInflation goes away There’s a big narrative making the rounds that the Fed has “Pivotted” this past week. These people are pointing towards 3, that inflation will go away in the months ahead, allowing for the Feds to stop hiking and start cutting interest rates in 2023.

Market pricing does seem to back up this view

Since 16 June 2022 – the S&P500 has rallied 11%, back up to 4072.      While the 10...