The economy is currently in a difficult situation.
Judging by current forecasts, the likelihood of a rate hike appears quite high. Furthermore, additional economic stimulus at this time could only increase inflationary pressure.
After the strong market rally in August, I also don't see much fuel for continued upward movement.
Therefore, right now, I'm more focused on a slow slide down to 70-72k rather than a sharp decline.
We'll see which scenario the market chooses. 📉