Its Over, page-20155

...divergence again, a sign of complacency; when once it mattered, now it does not, because stocks are taking off.

Here's a somewhat thought-provoking chart: Despite the number of Fed cuts priced in for 2024 falling the S&P 500 is continuing to rise. Do you think that's because market participants believe the economy and earnings are "good enough" and will make up for that easing or .. ?

https://x.com/Mayhem4Markets/status/1755030713903009956?s=20