Sweetheart, Carl is insane perma bull -- he is never bearish for the last several years. He missed his own bearish call, 3 peaks and dome, all the way down to SPX 666.
He is smart, but dumbo when it comes to speaking realities -- a great puppet of bullsh't, nevertheless.
Simple brain math, but a great market manipulatee using elementary math skill as you can see by his drawings.
Well, how easy it is to make trillions when you have Treasury printing machines and traders like him.