Seems like the market is thinking this is man made so can be man fixed. Not the same systemic issues as we had with debt during 2008. Many businesses seems to b

Seems like the market is thinking this is man made so can be man fixed. Not the same systemic issues as we had with debt during 2008. Many businesses seems to be pretty healthy. AI still has ways to run in its bubble cycle- still huge investments into this space. Really hard to predict. Confidence has eroded but emotions can switch very quickly to fear of missing the next rally. Maybe a more fundamental question is what multiples are the new normal and where are interest rates going.