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Microcaps vs Consumer Staples new yearly highs
I’m sorry but this is not what the beginning of a durable bear market looks like, nor is it suggestive of growth ⬇️ inflation ⬇️ and liquidity ⬇️ into 2026
If anything, it very much looks like mid-Nov was a massive bear trap


Now if we put in something like this, *then* we can get giga-bearish on next year imo

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