I've written extensively about this here and elsewhere, but the fundamental thing to understand is that in our present economy, there are no fundamentals. There are no real earnings, only baseless projections. No new jobs, only temporary make-work projects and government sinecures. No investment, only debt and credit expansion by means of phony money and unsecured obligations. There are no "green shoots": only weeds pressing through the crumbling asphalt and concrete of decaying factories.
The United States is being systematically embezzled by the Federal Government and its Wall Street cronies, all in on the game, playing the investing public for suckers, just pumping and patiently awaiting the dumping to follow, in hopes of short-term lucre at the expense of their friends, families, and neighbors.
Bad philosophy (collectivism) and bad economics (socialism) breeds bad behavior, and treats those who refuse to play along as their victims.
The time is coming to shrug.
Again I completely agree. It is being done intentionally too.