2022 Bear
2023 Transition
2024 Bull
2025 Bull
2026 Peak
When we finish 2023 WITHOUT a financial meltdown, governments, fund managers & investors will congratulate themselves on how well they did in handling the economic climate.
This is what leads to overconfidence, excessive speculation & the mania which pushes the market over the top into the peak.
For the last 12 months, anyone calling for a bull market was ridiculed & called a fool because of "looming recession", "banking crisis", "inflation", all of the mainstream narratives EVERYONE is preparing for but have been repeatedly wrong.
At the peak it will be inverse.
When the top is in for real, and cracks in the economy surface, the mainstream will look back to now and think "we overcame a pandemic, war, inverter yield curve, inflation... it's a new age, a new economy, we'll overcome anything, it's time to buy more!"
They won't be able to be told otherwise, that's just the way it is.
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Remind me of this in a few years, or if the economy collapses before then
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