“Things get weird before they get bad in 18 to 24 months. Of course… the money printer looms though…”
It’s not really a bearish stance. It’s cautious. It means that you have to pay very close attention to indicators… watch what happens if and when the S&P 500 hits overbought or oversold on both the Relative Strength Index and the Money Flow Index… things could reverse fast regardless of whatever the CNN Sentiment Index says. This happened several times in 2022…