The VIX Is Predicting a Disappointment in Q2 Earnings

The S&P could have a markup into the end of June barring any bad news, especially after what comes out with a Fed tomorrow. One of the reasons why all these high valuation tech stocks started selling off in mid 2021 is the expectation that the Fed to battle inflation ultimately they were going to basically confront this issue. And if you tell me that they pulled forward all this excitement about whatever you think any company has an opportunity integrating large language models or JET of AI into their current businesses and then commercializing it in the near future, I think we're going to have a disappointment across the board in Q2 and Q3 guidance.