Yes, the market is very single minded and the thing it is focused on for the time being is the dollar/inflation trade. My opinion is that 3Q earnings will be dismal and will be a cold wake-up call that these soaring P/E ratios are simply not sustainable. All the "green shoots" hype is just wishful thinking.
Kind regards, -CAPT J
"What would you attempt to do if you knew you could not fail?"
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