Huge Lay-offs in 2024 - fear of recession and black swans again

When you still have fear in the market, there is still room to go up, which I've been saying for a long time

Now everyone watches the same narrative unfold again, like at the start of 2023

When everyone follows the same narrative, same public information, thinking that these lay-off news lead directly to unemployment spike and recession, the market is usually going the opposite direction.

When everyone euphoric and no one talks about a recession, then we would have one or something similar.

Careful who you follow.