Hello, fellow Robocapitals, hope you're well. So I want to talk about what is happening right now or what could be happening in the stock market for the next six months over the next year.

Because if you look at the inversion of the yield curve... six months over the next year.

Because if you look at the inversion of the yield curve,

it tells us that the economy itself is very unhealthy,

fundamentally unsound.

But as you guys know from watching my videos or just having common sense, the stock market really isn't a good representation of the overall economy.

In fact, sometimes it's a complete opposite, where we go from a situation where good news for the economy is good news for the stock market.

You would assume that's the way it always is.

But then what happens is we get to this weird bizarre world

where bad news for the economy is also good news for the stock market. It just keeps

going up and up and up and up and up higher because that means

the Fed's gonna raise rates so if you have good economic news well that's good the

stocks go up and if you have bad economics news well that that's good too, because the Fed's going to drop rates, and we all know lower interest rates are good for risk assets.

But there's a lot more to it.

And I was listening to a podcast this morning for my good buddy Jeff Snyder and he had

Van Meter on there, other good buddy of mine, and they really articulated this idea of financial nihilism that we've been talking about on this

channel I've been talking about the whiteboards I've been talking about it on interviews

and I think it's something that is really important from a psychological standpoint that will likely impact the stock market.

Now does that mean it's going to go up forever? No, it's just a cross-current

that we have to consider in our overall analysis in order for that analysis to be

complete. I mean how can you eliminate psychology and therefore you've got

to be a student of psychology within the society itself and what Steve and Jeff point out, we're going to go to a clip in just a moment,

...