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Which statement is correct: There is no bull market under inflation, or there is a bull market under inflation?

"There is no bull market for inflation" ---

The inflation phase is usually accompanied by an extreme shrinkage in stock market trading volume. High inflation from 1994 to 1995 caused stock market funds to flow into Treasury bond futures and commodity futures; inflation from 2007 to 2008 caused stock market funds to flow mainly into the real estate and gold antique markets. In the current round of inflation, stock market funds mainly flow to banks---the trust financial product market and the private lending market. According to senior economist Wang Qing, "Previous inflation will end as soon as the end of this year." Therefore, I believe that this is a relay of the decline, and the bottom has not yet been established. My opinions are for reference only, investors bear their own risk. Thanks.