Key insights
- The post reflects concerns about excessive bearish sentiment regarding an energy crisis and its potential impact on the S&P 500. The author questions whether the market is failing to price in a legitimate energy crisis or if the doomsaying is overblown, drawing parallels to previous instances of unfounded market pessimism. The overall tone suggests a mild bearish influence due to the uncertainty surrounding the energy situation.
I've been on this subreddit for years and have never seen this level of 'market crash edging'. I see people swearing this is a generational energy crisis, calculating the time it takes an oil tanker to go from the strait to its destination saying that once they arrive the supply shock will hit. essentially just a lot of 'just you wait, here come the crash!'.
we are now in week 5 of this energy crisis and the s and p is down about 4% YTD, pretty standard for a mid term year.
I can't help but feel like this may be similar to last year where this subreddit was pure doom and gloom for a month or two in April only for markets to just continue on to new highs.
so what is happening in here? are people over reacting or is there a legitimate energy crisis on the horizon that the market is failing to price in?
Edit: seems like I got my answer, doomers spouting off like they are reporting facts directly from the strait getting upvoted to infinity and any push back gets downvoted to oblivion. I'll just say I'm broad market DCA for 15+ years so I hope the doomers are right, nothing feels better than DCAing into a downtrend.