Steps from 2025 - 2027:
1- Pressure (Tariff war, etc).
2- Poor performances, “bad” data.
3- Rate cuts (More than expected).
4- Initial rebounds (Mostly discounted).
5- QE (Printing).
6- Very strong increases (Euphoria).
7- Inflation, labor cooling, debt crisis, Bubble (Reality check).
8- Fed countermeasures.
9- Historical global crisis (Collapse).