The S&P 500 is up 400 points since its fall less than 3 weeks ago on October 27th.

That's +10% in just 11 trading days, and today's CPI report sent the S&P 500 to 4,500.

The Nasdaq is up 13% from its October lows and is just 6% away from a new all-time high.

This morning, markets moved to expect 4 interest rate cuts in 2024.

Treasury yields have fallen sharply and widespread short covering continues in stocks.

 Is the bull market back?

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