While SPX has room to run, the so-called “easy money” has already been made. At least in accordance with post-2008 experience. https://x.com/mark_ungewitter/status/1807474298174439475 ...as I said, I am usually early by a few months. ...a typical bull who has no idea of history of this thread would say, you'd eventually get it right with being bearish (but perma bear I am not) -but it is better being early than late.