By Bret Kenwell The S&P 500 hit new lows on Oct. 13 after a hot inflation report. Is a bottom nearby? The S&P 500 can often buck the bad news, especially when it’s just one or two negative catalysts. But when the headwinds start to pile up — geopolitical turmoil, raging inflation and a hawkish Fed — the stock market can really struggle. In an effort to combat stubbornly high inflation, the Federal Reserve has embarked on a rate-hiking spree. That has propelled the U.S. dollar higher, almost 20% on the year. This morning’s inflation report sent the stock market tumbling, with the S&P 500 hittin…