We're in the "got used to it" phase. Here's what I keep coming back to: > Stocks are pricing "this all passes in 6 months." > Bonds are pricing "even if it passes, the cost of money doesn't reset." Both can't be right. So if you missed this pump and you're sitting there wondering what's wrong with you? Nothing is. You were doing the thing you're supposed to do. You were watching the risk. The problem is the market stopped. War still on. Inflation still sticky. None of it resolved. Everyone just stopped caring. The market isn't calm. It's numb. And numb is not the same as safe. Every cycle, the dangerous moment isn't when everyone is scared. It's the one right after. When people get used to it. Glad most of you made money. But remember to take profit.
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