State Street: The stock market is still supported, but interest rate movements may become a correction factor Odaily Planet Daily News: Tim Graff, Managing Director and Head of Macro Strategy for EMEA at State Street, said, "In the past few days, global stock markets have been in a sustained upward trend. Therefore, I believe we are in a stage where this upward trend is slightly tired." Tim Graff added that the stock market is still supported: "I think if there are any factors that can trigger a pullback, it is the trend in the interest rate market and the expectation that inflation may be higher than many central banks' target levels for a long time, forcing them to tighten policy