…2 months of upside and hell break loose with November election outcome?
…before GFC 2008, we have not had any banks in distress nor real estate distress; in 2024 we already know (yes we already KNOW) we have many US banks especially small to medium ones in distress with huge unrealised losses and a CRE crisis brewing in the midst (we also KNOW this) but no one will want to imagine possibility of GFC 2.0 ahead, and people are still buying banks like hot cakes.
…any coming Meltup if not upended by either the Middle East war or what happens in Japan, is once again the final opportunity to sell into strength; BUT I trust people will see it as time to recoup all their losses and make that mistake.
