Stocks have been overvalued since at least 2013. Every dollar will be erased in the next crash. It wouldn’t surprise me at all if the S&P ends up under 1,000 when it’s all over. This is the Fed bubble. Prepare yourself.
The economy is catching up with the bubble.
And I can’t see the S&P losing almost 2/3 of its value.
Some stocks out there are grossly overpriced, and there are few bargains available. As usual, the international banksters will throw in a ‘correction’ to liberate money from the normal folks to enrich themselves, but they can’t hold down a booming economy long term.