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Are You Ready for What's Coming? (The Truth About the Economy)

Andrew Lokenauth's avatar
Andrew Lokenauth
Feb 18, 2026
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There’s a well-known idea in psychology called ā€œnormalcy biasā€ It’s the tendency to assume things will keep going the way they’ve always gone, right up until the moment they don’t.

In 2007, housing prices had gone up for so long that most people genuinely couldn’t imagine them falling. In 2000, internet stocks had climbed for so long that most people couldn’t imagine a crash. And in 2024, AI stocks had surged so long that most investors couldn’t imagine a world where the AI trade becomes a liability.

This month, the market started to imagine it.

The S&P 500 flipped negative for the year. The Nasdaq has bled for four straight weeks. A single startup’s press release wiped billions off wealth management stocks. The government admitted 2 million jobs never really existed. And the US national debt is on a path to hit $64 trillion within a decade.

This isn’t a correction. This is a reset. The rules of the last two years are changing. And the investors who recognize that early will be the ones b…

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