Thursday’s inflation report sent the markets into a tizzy as traders returned to buying on hopes that the path is now clear for the Fed to reverse its rate hikes. Everyone is now wondering if the market has bottomed out following the extended slide that began at the beginning of the year.
What Happened: If history is anything to go by, there is a possibility of the stock market returning to its all-highs in a matter of three months, a graphic shared by Carson Group chief market strategist Ryan Detrick showed.
