We went from immense fear over a Donald Trump presidency to historic calm. "Make america great again" Are you sure? I do no think so.
Everything thus far that dominated investor psyche in terms of narrative ended up being quite literally the exact opposite.
Profesional SELL and you BUY.
Now ask yourself – HOW CAN THE PROFFESIONAL SELL IF YOU DO NOT BUY?
Can this calm behavior in markets continue? Maybe, but volatility is notoriously mean reverting. Combined with high valuations and enormous complacency, we are likely nearing a time of great turbulence ahead, at least for US markets.
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