Not memeing, not being ironic, this is literally the return to normal part of the meme bubble chart. Everyone acting like “stocks only go up” is back in play, inflation comes in .2% below expectations and that signals we’re out of the woods. Meme stocks blowing up, crypto making a come back, people unironically saying things like “now we can return to normal since inflation has peaked”.
Stock market cycles take a longer time to play out. Investor psychology right now is literally at return to normal, there’s not a more apt description for it.
>I'm too stupid to understand that markets aren't just numbers that have to revert to normal. >I'm too fucking retarded to understand that indexes are merely aggregated selections that can be changed and adjusted. >Also so hopelessly dumb that I don't realize that markets can and will go up indefinitely because increased cash and inflation will erode the value of the dollar which will drive the cost of shares up
the switch is flipped. inflation peaked. risk assets starts flying. still pain and recession coming for the real economy. investors win everyone else lose
Juan Turner
unironically looks like a good forecast of things to come
Zachary Gomez
You are exactly right. Especially if you know why the CPI was 8.5% (which is already ultra bearish alone).
The data have been manipulated with oil prices fluctuation.
Josiah Brown
>hyper Bart followed by nega Bart That makes me so fucking angry