I really believe the bottom is done. The minimal move at close after a 1-2% drop on Friday was more trading for Friday options and preparation for Santa clause rally. 10 year drop to 3.5% is lowest in a few months. Both CPI, AND PCE both have fallen nicely. Inflation is falling. 4% is coming early next year. The fed doesn’t want to destroy the job market, they just want inflation down. If jobs stay strong but inflation keeps falling the fed can stop at 4.5 to 5% and hold. Even as wages climb it’s still moot as inflation is dropping. People are realizing they just need to slow spending until the fed gives in. It’s a game that we figured out.$Alphabet(GOOG)$
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