We have been refining our 'top drivers of the U.S. stock market' list and spreadsheet. It is very much a work in process, we have two versions, and the data is delayed and not normalized.
However, it tells a story of lower asset prices, higher U.S. interest rates, a stronger U.S. Dollar, weaker U.S. consumers, and fear.
Unless something happens, all the 'supporting data' suggests downward pressure on U.S. equities.
Good luck to all.
Stock Market BLOG
President and Investment Advisor Representative