This breadth divergence is worse than the last two times it led to a bear market.
https://x.com/SuburbanDrone/status/1883505018151805343
“Experience is what you got when you didn’t get what you wanted. Good times teach only bad lessons: that investing is easy, that you know its secrets, and that you needn’t worry about risk. The most valuable lessons are learned in tough times.” - Howard Marks
https://x.com/charliebilello/status/1883590732662882709
