It could be, but it also could not be. Content free comment.
As for cycles: the big mistake people make when they see a cycle is to believe it will repeat forever.
Markets suck up information so as you sell an "overvalued" asset, the price continues to drop until it's no longer overvalued.
No one has figured out a way to repeatedly and constantly predict the market.
Markets suck up information so as you sell an "overvalued" asset, the price continues to drop until it's no longer overvalued.
No one has figured out a way to repeatedly and constantly predict the market.