In an everything bubble people only sell when they are really forced to do so. This only happens in liquidity and collateral crunches caused by loss of confidence in the counterparty.
We will hit one for sure, because at some point the system needs to be cleared for the next round of moneyprinting.
But that won't happen until all the suckers have been drawn in and are fully invested, when all the media keeps saying "stocks have reached a permanent high plateau."
Then it's time for the reset and this time around it will be brutal (compared to 1987, 2000s or 2008).
But we're not the yet. Things may get rocky in Sept-Oct '23 timeframe, but the big showdown comes most likely later.
In an everything bubble people only sell when they are really forced to do so. This only happens in liquidity and collateral crunches caused by loss of confidence in the counterparty.
We will hit one for sure, because at some point the system needs to be cleared for the next round of moneyprinting.
But that won't happen until all the suckers have been drawn in and are fully invested, when all the media keeps saying "stocks have reached a permanent high plateau."
Then it's time for the reset and this time around it will be brutal (compared to 1987, 2000s or 2008).
But we're not the yet. Things may get rocky in Sept-Oct '23 timeframe, but the big showdown comes most likely later.