So not only do we have spiking inflation data here in US in January we added another spike in February from China activity burst. From Goldilocks US scenario on stock market to Freddy Kruger Nightmare. Like the China Pandemic we prefer to ignore facts and obvious implications because it doesn't suit us.
I can only marvel on how long it takes for the street to accept a bullish outcome on profits. Me, like the pandemic, knew with certainty the sky was falling immediately. It actually took till the weight of a falling sky to start the slide. How long now? One week, one month or perhaps two?