[JimmyRuska]

95% of the professional asset managers, for example those in wealthion, blockworks, paid macro people like 42macro and themacrocompass, nearly all of them, said stocks would most likely touch 4300 on the S&P and probably cycle down again to prior lows, as manufacturing PMIs, housing, etc weaken, as the long and variable lags from Fed tightening, credit environment, start to hit.

Instead, right after the debt ceiling, there was a massive short squeeze, parabolic AI tech pump, and we're at 4567 on the S&P.

As it turns out the people just trading off momentum, technical analysis, and liquidity expectations, did way better than those betting on certain industries to go down. Sure, it can still go down, but there are plenty of money managers, macro experts, that looked at the big picture based and made data driven decisions based on historical data, and still got completely burned because they were trading against the technicals (massive upward momentum since after October).