Everyone is convinced of a 4-year cycle.

Just like the past 3 cycles, people think they have sold the exact top and will now buy the exact bottom.

They don't care about the Clarity Act, liquidity expansion, new Fed chair, ISM expansion, Global assets ATH etc.

They are just comparing the 2021 fractal and thinking that this cycle will be 100% similar.

I wonder what could go wrong here.