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Markets seem poised to head higher, but we're not convinced the worst is over just yet. However there was some good news this week that could point to an end to the bear market sooner rather than later.

Equities were mixed as Friday’s Jobs Report was much higher than expected, giving the Fed room to continue hiking rates.

Equities continued to rally, especially as investors took Fed Chairman Powell’s comments as dovish.

Investors seem dazed and confused as fundamental data points to recession, but markets are acting as if recession isn't on the horizon.

Equities rallied most of the week, but lost steam on Friday as poor economic data and the prospect of future Fed hikes remains elevated.

As markets have seemingly forgotten about economic fundamentals, perhaps we're living through the "Upside Down" now given the recent improvement in equities.