To preface: I'm not a perma-bull. In fact, I often make fun of them.
However, everyone and their canneries have been singing about the recession in 2023. Analysts, Banks, and retail, as evidenced by posts on this subreddit.
Since we believe that markets are efficient, this could mean only 2 things:
- Potential recession has already been priced in into the markets, and we have nowhere to go but up.
- Institutions lie about upcoming recession to create a further dip and position themselves for the bull-run.
Thank you for coming to my ted talk.
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