Bull?

In light of the recent back off in bonds and the latest hyped PPI number I would have to say that things look bullish. But I don't think I will be buying today. In a way it wouldn't bother me for the Fed to do one more rate hike and then to sit still until next year. I think that would mean that the economy is staying strong so corporate earnings will remain strong and the stock market will head higher. If the fed cuts then that will bring on worries about how much the economy is slowing and how much of an impact we will see on corporate earnings, which means selling of stocks.