It's like déjà vu all over again

FOMO is in full swing

Positioning and sentiment are not offering a safety net anymore…

Source: JPM

Source: JPM

Love for risk has spiked

Source: EPFR

POLLS has spiked

Source: CITI

Sentiment spike

Source: Goldman

EPS going down down down

Source: FactSet

Earnings optimism was, at best, premature

Source: FactSet

Too much optimism on inflation?

Source: Goldman

ChatGPT, why has AI stopped going up?

Source: JPM equity strategy