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Marketers developed concept examples, like the “Uber driver or dentist test,” serve as reminders of concerning trends—a person in traditionally non-financial occupations discussing stock tips often indicates an inflated market. Historically, such behavior precedes significant corrections, as these individuals typically lack the knowledge to sustain their gains in reality.
Current Market Assessment
When evaluating today’s market against these four indicators, there are some varied observations. While the fear and greed index suggests a more cautious sentiment currently, isolated sectors are experiencing signs of euphoria.