Part 2/8:

Rosenberg notes an intriguing shift in equity investor sentiment. While traditionally, forecasts relied on historical data and a stable political environment, today's market sits in a "bog of uncertainty." This uncertainty parallels the festivities of the Chinese Year of the Wooden Snake, which occurs once every 60 years. Investors are grappling with a backdrop of unpredictable policymaking and market volatility reminiscent of past economic cycles.