What Do You Think About the Cycle?

We're a fan of looking at your poor man's almanac for anvastine, which you put out in your first book. And where are we right now in the cycle? I think that most of the forces in the markets are in reasonable balance. Optimism and risk taking was rewarded from o nine through 19, a long time. Then, of course, these things were terribly punished in march of 20 with the pandemic. The bounce back was very powerful. It seemed that riskier assets were garnering high returns,. Also encourages further risk taking.