And got it all back by the close. When the bear comes it won't be a one day event. It will be a slow grind with many reversals designed to keep people from selling until it is too late.
This may be a warm up to the main event but it is not the main event.
Agreed. The Big Crash in 1929 was preceded by a series of severe hiccups before the collapse.
That said, I have no doubt at all that eventually the current economic system will collapse. There's no such thing as infinite growth.
Since years, fully market-saturation is fact. Everbody have got their entertainment-electronics, that they wanted to have. We have got all we wanted. China and so on can't sell well, anymore.
And everday life-technologies are exhausted, since years, I think.
The market-economy can't open new sales markets, because all possible is done, I think.