The fact that lots of people are predicting absolute doom is kind of a contrarian indicator to me. If everyone was like meh no big deal it’d be more worrisome.

The fact that lots of people are predicting absolute doom is kind of a contrarian indicator to me. If everyone was like meh no big deal it’d be more worrisome. This isn’t just cynicism. It’s based on how markets work. If lots of people think there’s a possibility of major doom then (1) they are preparing now and (2) it’s likely at least somewhat priced into the market already.