AFTER THE VAXX BUBBLE HAS BURST
From the K2 Article Posted tonite
My friend Kevin Duffy, a professional investor, after seeing the Guardian article, sent me this image. The graph shows the market psychology of a financial bubble and subsequent market crash. I have added the red oval highlighting where Kevin thinks we are now: in the denial phase, after the bubble has burst.
I am also reminded of the Kubler-Ross stages of grief that a patient or a loved one goes through when receiving a terminal diagnosis. The stage in her sequence is DENIAL. The subsequent stages are
ANGER
BARGAINIG
DEPRESSION
ACCEPTANCE
Actually I think there is a clear case to argue we are further along in the return to normal point. October bottom was the bull trap the the rally since has brought us to the return to normal… Stand by for the rug pull.