Kosta Ouzas argues that market cycles don't follow a predictable pattern. Past cycles show different timing and peaks, so the current downturn could still turn bullish in ways that seem obvious in retrospect but are invisible while you're living through them.
Just have a look where. This is quite interesting. You see where we are sort of still oscillating close to a mean, or kind of up there, but there's still room for something to happen. If we were to follow this kind of cyclical wave, this sine wave. If you have a look at past cycles as well, it's. It's not necessarily, you know, to the letter. Like, look at this one here. Look how offset that one was. This one was a little bit there. Look at this peak here. Came way before. So these are all, you know, relatively different. And there's no reason why we. We still can't have something that potentially looks like that. And then, I guess, in retrospect, would look completely normal. It's one of those things where, when you're in it, you can't see the forest from the trees.
