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one lesson i learned a few years ago is that the animal spirits essentially believe everything is bullish all the doomers who spent the last month calling for limit downs every weekend have now watched the fastest rally in HISTORY off a low unemployment goes up, bullish bc the fed has to cut and inject money unemployment goes down, bullish bc the economy is strong! war starts, bullish bc it means more printing, inflationary war ends, bullish bc of peace and less uncertainty the US markets have a 100% recovery rate. 100%. so it's just about finding opportunity within that obviously I'm being a bit hyperbolic. But the negativity is pervasive and has been for years. calling for a recession etc non stop
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