The CPI data is positive. The US is not in recession. There is not much room for decline, and there are not many opportunities for bargain hunting.
There will be another drop before and after Japan officially raises interest rates. But it feels like there will be several months.
So, it may start a big rise first, and go all in.
There is a possibility of further decline in US stocks, but don’t forget that the cryptocurrency market has been in a correction for half a year.
