Experts: The decline in US indices is not over

US indices may have registered their 5th consecutive day of increase, but not all experts believe that the downtrend is over.
Trader Kenny Polkari is not so convinced that the downturn is behind us, although the Dow Jones blue chip index has returned above the psychological level of 25,000 points.
According to Michael Yoshikami, founder and CEO of Destination Wealth Management, index growth has been predetermined by purchases of investors who are afraid of failing to return to the market.
His point was that there was this tension that is happening when investors believe that a 10% drop is a blatant opportunity for purchases. This attracted people who had cash on hand. And that's when the upside pressure begins.
Growing interest rates and fears of inflation triggering an eruption of the volatility index led to a record fall in US indices.
According to Nicholas Collas, founder of Datatrek Research, fears of inflation and rising interest rates will be the major issue this year. This, he says, will trigger more volatility in the markets.
Collas recalls that the VIX volatility index has reached peak in February only once since it was created in 1990.
According to trader Peter Costa, the market should see a rise in markets of between 5 and 6%.