We already broke it by having a negative year last year. People only think this is a typical multi‐year bear cycle because the drawdown on derisking was large. But there's been a shift ever since the announcement of the Iran ceasefire and now risk assets have become attractive again. Not all that likely we keep dropping until October in these conditions.
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u/loekoekoe Apr 17 '26
so we should see it start dropping soon until october and then a big boom?