A scenario where the unemployment rate hits 4%, leading the Fed to restart money printing, causes inflation to return by late 2025, and results in a longer bear market in 2026.
"I could see something like this playing out... could you get a scenario where unemployment rate prints 4% everyone freaks out... and then the FED just turns the money printer back on... but then by the end of 2025 we're like oh crap we turned it on too quickly inflation start to come back now we have to deal with sort of a longer bare market right in say 2026"
