There are three stages of a bull market:


1: A few foresighted people start the market believing everything will get better
2: The majority of investors realize that the bull market has indeed arrived
3: Everyone asserts that everything will always be good
There are three stages of a bear market:
Early bear market: Thoughtful investors realize it won't stay good forever
Mid bear market: Most investors realize the situation is worsening
Late bear market: Everyone asserts that everything is worthless
Thoughtful older brother, which stage do you think we are in?
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