These fundamentals would send risk on growth assets higher.

1) Fed hikes rates 0.25% March FOMC, and Fed talks confidently about the economy, and more hikes are due.
2) Fed hikes rates 0.25% (total 0.50%) June FOMC, and Fed talks confidently about the economy, and more hikes are due.
3) Oops Fed has to PIVOT from a hawkish view to a very dovish view as either the economy is not strong or a COVID-like event happens resulting in interest rates containment (think yield curve control) sending the Fed balance sheet higher.

The above could be over a period of 3 to 6 months which would allow risk-on assets to rise to new all-time highs. After that, well we shall see.

(Click on image to enlarge)