There is something odd about this crash and usual round of calls for belt-tighening and cost control at companies. Unlike previous crashes, there's still a ton of eager money sitting on the sidelines. It's just gotten seriously skittish now. But it still has to go somewhere
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twitter.com/hmeisler/statu
I haven’t been alive long enough to opine, but it feels like way too many folks are expecting a severe capitulation event and I’m just not seeing it.
~3M folks still not participating in the workforce compared to ‘19, I think jobs are relatively safe
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Like Waldo everyone is still looking for the elusive Capitulation.
I can never recall so many being so well-versed in what Capitulation looks like/is.
finance.yahoo.com/news/bear-mark
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