>>20692827No because the actual trend line would have us WELL above where we are right now. Nobody accounts for the ACTUAL 12 year Depression between 2000-2012 (because calling it a Depression is antisemitic but I don't know what you fucking call a Market that is depressed for 12 years).
If you follow the 100 year Market trend it tells a different story entirely. The S&P should have hit 3000 back in 2009. Obviously that didn't happen because the aforementioned sub 1% bonds that lead to total market stagnation. So by that logic the S&P should have hit 600 by 2018. Based on the historic trend of the market doubling in size on average every 9 years.
Meaning we should currently be seeking SPY 1200.
My theory is that the market is currently acting efficiently and is reverse correcting from a generation Depressed state ajd is now seeking proper valuation.
We're taking back what was always supposed to be ours.
