Howard Marks just called the top on this AI bull market every cycle ends the exact same way

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Psychology driving the wild swings not fundamentals
Greed FOMO and overvaluation hitting peak complacency again AI hype is the new tulip bulb faster innovation than society can absorb
Job dislocation coming whether you like it or not Contrarian legend pulling back while the herd chases the next narrative
He cashed out early for a reason Marks has seen it all for 30 years
This time feels different until it rhymes with every crash before