I have seen this environment before. Reminds me of February 2020. Everything was perfect, record low unemployment, booming, overextended market…then we all know what happened next. December 2021…booming market, best year since 1995, cheap money sloshing around…then we all know what happened next.
Everything just seems incredibly bullish and everyone wants to get in. That's a worrying sign. Usually big pullbacks come when you don't expect them. I definitely think we're due pullback.
