The Fed's Toughness on the Market

The market has broken out above 4,300. The bears have no shy of taking the driver's seat unless we get below 4,200 in the S&P. Fed Chair Powell has to be tough on this market. They cannot be soft. I think we will get a hike in July right now Unless things really deteriorate over the next couple of weeks. That data piece, 21.7% jump month over month, that is disinflationary, in my opinion.