Strategists Under the Same Roof Clash on S&P 500 Before CPI Data – Bloomberg

Bloomberg Surveillance: Early Edition with Francine Lacqua live from London, bringing insight on global markets and the top business stories of the day.
Overnight on Wall Street is morning in Europe. Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world. Markets never sleep, and neither does Bloomberg News. Monitor your investments 24 hours a day, around the clock from around the globe.
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The $5 trillion rally in US stocks: a new bull cycle, or yet another mirage? Evidence is so divergent that even professional forecasters at the same firm can’t agree. Stakes are sky high with the most-scrutinized economic report in the world about to land. 
At Evercore ISI, the head of technical analysis, Rich Ross, just pronounced the 2022 bear market is over, citing everything from chart patterns to peak inflation and investor sentiment. The next 500 points on the S&P 500 will be higher, he says.  


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