There are more turbulent market days ahead this third quarter, according to the charts

Over the last 11 months, the S & P 500 's advance has been compared to various bull markets of the past: 2021, 2019, 2017, 2009, 1995-1999, etc. One year that hasn't come up is 2022. Why would it? That was a harsh bear market, characterized by lower lows, raging inflation and historic rate hikes. That's the complete opposite of now: the S & P 500 has been making higher highs, inflation has materially dropped from its peak and we're about to get our first rate cut.

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