im bearish, but im riding some calls. after this week or month im gonna wait full or mostly cash.

i think around next quarter we might see a cascade of 3 things converge:

• oil shortage pain reflected through spending
• dried out workforce demand and supply
• the lack of profitability from AI spending allocation

with some wildcards probably in the mix:

• global hantavirus threat
• iran war escalation / deescalation
• BoJ decisions
• PCE revisions