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  1. 4,317 Posts.
    lightbulb Created with Sketch. 1940
    We don't need a black swan event to trigger a bear market.

    The S and P is now as overvalued as prior to the 2000 crash .

    Thats based on protected profits bit the Philly Fed survey showed that prices paid have gone through the roof in the last six months which will hurt company profits and also tax legislation will impact nett profits.

    When reporting season starts again you will witness a a lot of earnings misses and the market will have more than a correction

    i would say enjoy it while you can but if you refused to sell at $14 .50 I'm probably wasting my breath.

    So many BNPL experts prepared to accept 40-50 % falls that it's pointless illuminating the macro economic headwinds
 
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