Monthly reminder how Permabears work:

Step 1: Call the market a bubble every year.

Step 2: Declare victory when the market goes down. https://twitter.com/cullenroche/status/1249858738552373249

The absolute weirdest part of the financial industry is how there's an entire sub-culture where people literally pay other people to help them lose money and scare the shit out of them on a monthly basis.