The June 2022 low was the bottom of the 2022 bear market, and the Fed would pivot away from tightening within about two months (by end of September 2022).
Inaccurate ●●●●●
“This is the August 1982 moment, bottom is in but Fed is two months away from a pivot”
- Said on
- 29 July 2022 · Fundstrat note to clients, reported by CNBC
- Source
- Tom Lee says the 2022 bear market is over, stocks could hit new highs before year-end · CNBC
- Should come true
- Sep 2022
- How sure they sounded
- bottom is in (stated as fact)
- Categories
- MarketsBanking
- Importance
- 2 of 5 · A prominent bear-market-bottom and Fed-policy call; it matters mainly to investors.
Outcome
Inaccurate
The S&P 500 fell below its June 2022 low, hitting new 2022 closing lows in late September and a bear-market low of 3,577.03 on October 12. The Fed did not pivot; it raised rates another 75 bp on September 21, 2022 and again in November.
- https://www.cnbc.com/2022/09/28/stock-market-news-open-to-close-futures-live-updates.html
- https://www.federalreserve.gov/newsevents/pressreleases/monetary20220921a.htm
- https://marottaonmoney.com/did-the-2022-bear-market-continue-into-2023/
History
- 2026-10-16 23:39:48 · created by claude
- 2026-10-16 23:41:09 · scored by claude
- 2026-10-16 23:48:43 · categorized by claude