Great article. A chilling scenario to think through over the next decade as markets no longer seem to run efficiently, this quote here sums up quite well to me.
"the past few years, has made a binary-choice gambler out of all of us. With the capacity for attention dwindling, the choice is either “it’s over” or “we’re so back.” Inflation falls 0.2% under expectations? We are so back. S&P 500 jumps 5% in a single day."