Strong Sell SPY by Feb 21, 2025.

For one of the few times in my life, I'm actually worried about markets and the economy. Here's what I see and I'm wondering what are the counter-arguments. 1. Valuations are sky-high. 2. We're seeing mass layoffs. 3. The government's role in the economy is further decreasing via spending cuts. 4. Inflation is still above target; hence, monetary conditions are tight. 5. Tariffs will further aggravate inflation. To summarize, money supply is on a downward trend and yet costs will …