
Shiller! Bubbles! Burry!
Ted Pick says "We should welcome the possibility [of a] 10% to 15% drawdown" in equities as long it'

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Shoot! I had a feeling you were replaced by a GPT a couple of months back. Now I’m sure of it.
I love Tonto
“The mystery masked man was smart
He got himself a Tonto
Cause Tonto did the dirty work for free
But Tonto he was smarter
And one day said Kemosabe
Kiss my ass I bought a boat
I’m going out to sea. . . .”
–Lyle Lovett
Watching the Banks not participate in this rally creates a certain caution.