Seems like in the old days – prior to 2009 – and in a real market, the stock market would be susceptible to a crash of at least 32%.
Anymore though it’s hard to imagine that the Fed with their backstop, PPT, and all that money sloshing around, that the SM won’t inflate with everything else, including necessities like food.
Energy might be done for awhile, but eventually I think even gasoline will spike.
The only thing that continues to surprise is the strength of the dollar.