The S&P 500 just met the popular definition of a "bull market" (the 20% up rule), and retail investors are chasing the rally.

The market is trading above all Wall Street's 2023 estimates. Additionally, Goldman Sachs has revised their year-end target for the S&P 500, raising it to 4500 from 4000.

U.S. recession probability dropped to 25% down from earlier projection of 35% via Goldman Sachs

Whereas BTC is down by -0.44%, decoupling from equities.

The crash is the decay! #bubbleconomics 💥