A lot of things happening for sure. My slight fear is that retail is out of money and some of the money will slosh around but that we won't get these high powered Mega FOMO situations like we have seen the last several cycles. I saw a thing yesterday saying that 76% of Americans are saying they are broke and having to pick and choose what Bills to pay.
It would actually be the best outcome if the market did not bubble.
Stability is better than volatility.
It is the stability that creates the volatility.
There is no escaping the market cycle.
You are right that retail is irrelevant but you are also right that retail is irrelevant.
It isn't retail that's going to create the mega FOMO; it's the institutions themselves.
I used to think the institutions were adults and wouldn't fall for it.
I've since learned they're actually even worse.