> In the meantime, we are in what I think of as the vampire phase of the bull market, where you throw everything you have at it: you stab it with Covid, you shoot it with the end of QE and the promise of higher rates, and you poison it with unexpected inflation... Until, just as you’re beginning to think the thing is completely immortal, it finally, and perhaps a little anticlimactically, keels over and dies.
This statement more than almost anything else sums up the article's tone of "not if but when, and soon." As a layperson, I'm curious what investors are arguing the opposite?