The Market Is Anticipating What's Going to Happen Economically in the Second Half of This Year

The market is actually, I believe, not caring what's going to happen economically in the second half of this year. Inflation may well be down. Profits are growing possibly at least at today's estimates, double digits. Valuations are too rich where the market is now. The economy is weakening. Consumers are soon going to feel the pinch of all the spending that they've done. It's just taken a lot longer than people thought.