Henrik Zeberg

Speaker explicitly states "we have not seen the top yet," identifies the current ~10% pullback as a "buy the dip opportunity," and forecasts a "30%+ rally" in the Nasdaq to above 30,000. The economic deterioration (labor market, credit) is real but has not reached the critical "waterfall moment." Market technicals (bullish engulfing candle after >4 weeks of decline) and historical parallels (2000, 2007) show major indices can surge dramatically just before a crash. LONG because the set-up favors a powerful, final risk-on rally before the cycle truly turns. The speaker is personally "full risk on" in anticipation. The coincident indicators in the business cycle model cross into recession territory sooner than expected, aborting the rally.