"Stock market today is seeing a decline with volatility, which can be attributed to the Federal Reserve raising interest rates and inflation. The recession lip service is not driving the market, but it could occur in 2023. It will be hard to see stocks generating a new and sustainable bull market until we get a clear signal that inflation is moving in the right direction and / or until short rates truly peak. Even so, there is a fair amount of bad priced into stocks already," says Jason Ware.