Interpreted Prediction
Predicted a market rally would occur as the end of rate hikes became visible, and noted that it had already happened.
AI Evaluation Notes
The prediction stated a market rally would occur as the end of rate hikes became visible, and noted it had already started. The Federal Reserve's last interest rate hike was in July 2023, and by December 2023 to March 2024, market participants were anticipating rate cuts, indicating the end of the hiking cycle was visible. During this period, the S&P 500 and Nasdaq Composite experienced significant rallies, with strong positive monthly returns, confirming the predicted market movement.