### Comment:
I stand by my opinion and am waiting/betting on an economic downturn. Spy going sub 300 at least once EOY is probable IMO even if it takes a bit longer for the full on correction to take place. Market sentiment is so disconnected from reality. What are some justifications for being at these ATHs in your opinion?

### REPLY:
Everyone is betting on an economic downturn lol, the problem is that if you have a brain and are paying attention, you're also betting on an upturn until that downturn. So then it becomes a question of timeline. I really doubt holiday season is that timeline, since consumer spending is fucking 70% of GDP

### END.