We've truly arrived at a strange time in history where a 1% drop is a considered a "dip".
> My prediction is we'll be at all time highs again a month from now.
If a global pandemic and a global trade war can't stop the market, seems like nothing will. The market will be bid up until whoever is in charge decides times up.
"If a global pandemic and a global trade war can't stop the market, seems like nothing will."
What will stop the market is the sudden realization (among retirees and near-retirees) that all of this AI bubble talk is relevant to their interests because their equity index exposure is actually 1/3 mag7 exposure.
They will, correctly, decide it is time to reduce equity exposure (possibly to zero, depending on age and situation).
This is, potentially, a recipe for a very abrupt and disorderly rush for the exit.
We've truly arrived at a strange time in history where a 1% drop is a considered a "dip".
> My prediction is we'll be at all time highs again a month from now.
If a global pandemic and a global trade war can't stop the market, seems like nothing will. The market will be bid up until whoever is in charge decides times up.