I think the truth is no one really knows what's happening, and won't until whatever "reality" is anymore finally hits. Don't buy into the HN "it's already price

I think the truth is no one really knows what's happening, and won't until whatever "reality" is anymore finally hits. Don't buy into the HN "it's already priced in!" rants. I have a fair number of acquaintances in finance and plenty of 30 year industry vets, who are they type that aren't surprised or concerned about hardly anything, are absolutely scratching their heads right now. The obvious problem right now is, supposing you're a 100% sure that things are going to get worse, where do you put your investments if you're a large firm? Sure if you're a HNer go ahead an buy some put options. Bond rates are extremely low right now so that wouldn't be a wise investment especially if stocks, rational or not, keep going up. Even though everyone knows this will be bad, nobody knows how bad or exactly what it will look like. So it's very hard to price that. It's almost like we were in a terrible accident, and are still walking around like normal because of shock despite missing a limb.