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.