[Wendy's jumping 27%](https://www.marketwatch.com/story/is-wendys-the-next-meme-stock-everyday-traders-are-trying-to-save-the-fast-food-chain-15e38af0?mod=mw_rss_topstories) on retail fomo while JPM simultaneously (https://www.marketwatch.com/story/j-p-morgan-lifts-its-s-p-500-target-to-7-800-but-warns-that-a-flash-crash-remains-a-risk-3e29611e?mod=mw_rss_topstories) and admits it's been "too cautious" — classic late-cycle tell.

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