Trade or Fade the Current Equity Rally?

Stocks Record Best Stretch of Year, as Inflation Fears Recede
https://www.nytimes.com/2022/08/12/business/stock-market-rise.html
 
Back-From-Dead Stocks Show Near-Limitless Tolerance for Trouble
https://www.bloomberg.com/news/articles/2022-08-12/back-from-dead-stocks-show-near-limitless-tolerance-for-trouble

Related:
Inflation Is Sticky, Structural and Hard to Solve. The Party Is Premature.
https://www.barrons.com/articles/inflation-cpi-labor-shortage-energy-prices-51660265410
The Fed Is About to Ramp Up Balance-Sheet Shrinkage. It May Get Dicey.
https://www.barrons.com/articles/fed-balance-sheet-quantitative-tightening-2022-51659731026