Subject: The end is nigh...
...according to the perfect indicator: A friend, very experienced investor for many decades, who the last years was a skeptical as I regarding ever higher valuations, withdrawing more and more, having more and more in cash instead of stocks.
Said friend just told me during the last 1/2 year he again increased his exposure and thinks about continuing to do so, with the goal to be 80%-90% invested. So the last skeptic finally turns around = the perfect indicator.
Said, last man standing