The S&P 500 has been falling for 7 weeks in a row and if not for the rebound at the end of trading on Friday, a bear market could have been declared.
Tesla became the driver of the market decline, minus 13.5% for the week. Everyone is against Musk, from Tesla's exclusion from the S&P 500 ESG index to the six-year-old sex scandal.
Summary:
The Fed cannot turn on the printing press like they did in 2020, now their priority is inflation. Therefore, the maximum that they can do for the stock market is to prevent a collapse.
