Lol theres no such thing as a bubble without irrational behaviour. Symbiotic relationship.
@Baron1 100% .
To illustrate Barons point, last weeks figures for the US indexes. NDX kacked itself Thu of last week ( more than 2.5% is a major move). Then yesterday was the inevitable BTD, but look how shortlived it was. Immediately kacked itself the following night. Severe volatility coming, keep your eyes on the VIX, and watch mainstream media to see if the story is changing re the ability of chip makers to sustain the AI hype (seems to me the story is changing)
WTI going below $80 is a bearish sign imo. Shouldnt be going that low if all these eocnomies are going gangbusters like their govt GDP figures are trying to show, ah but we know demand from China is going down the toilet.
And as Tricky posted here that US manufacturing is stalled as new orders are falling.
Thats the world 2 biggest economies there on the skids
Meanwhile gold making new highs (yesterday again) in leaps and bounds.
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