Unpopular opinion:
The government has propped up the markets, and economy with deficit spending, plain and simple. The smart money realized this at the onset of it all (QE) and played the system to make big gains and then sold. Like a junky, the market is coming down off huge governement spending injected into the system and the smart money is now out of the market and may not return for many years. This crash is different and the years ahead will be painful. The “long” investors are the ones who will pay the price, unless of course the governement changes course back to easy money. policies and even then it will inevitably crash. Change my mind because I hope to be wrong.
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