The stock market incorrectly priced in dovish Fed pivots 6 times in the last few years. Will this 7th time be any different?

• Recent inflation data has convinced markets of a dovish pivot by the Federal Reserve.

• But the market wrongly priced in a looser stance at least six times in the last few years, Deutsche Bank wrote.

• While this time could be true, inflation is hardest to combat in the final stretch, analysts warned.

The stock market has been on a tear over the last month on hopes…