A Fool For Punishment Everyone keeps hearing from talking heads about investors and capitulation. I don't think we are even close to any capitulation as of yet in markets. If the Dow goes down by 80% then you can say capitulation. Rates will creep up , inflation will roll over and growth will be enemic ( the lost decade ). Commodities imho have peaked. Only reason we had these spikes in commodities in general is all about snuffing out supply/demand since 2018/2020. Cheap rates along with money printing machines. For all the gamblers playing the casino wheel some get it right / lucky most get the John Jack Shalack as always. The house always wins. I'd rather buy a sandwich with my hard earned money then play with algorithms.
jmho