Maybe DAX will reach 21000 in the next 2 months, even SPX could rise up to 6400 USD, but one is for sure. Such a great disbalance in 40 years is incredible. Rising US Treasury yields up from o% to 4.5% and CPI by 2.7% with riskless 1,7% is wonderfull, but normaly not for the stock market. Every time, Fed rose the yields more than 2% within 12 months, stock market struggled.
But here a now, yields up from 0% to 4.5% within a year… and what does the stock market ?