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The Market's Expectations for a New All-Time High
The odds of us breaking to a new all-time high at this point are really, really good. A lot of the macro bears have actually been capitulating in the last two or three weeks. We've seen some high profile strategists like Mike Wilson and others that have basically thrown in the towel on the bearish thesis. So interestingly enough, maybe this is actually setting up for a rug pull six or 12 months down the line.