Just to keep an open mind to the bear case in this link, which can happen after the fed starts cutting fed funds rates, as in this historical chart. yes, this is your broken clock bearish reminder . . .
https://x.com/BankofVol/status/1839167755242594719
In the past fed rate cuts from these levels, they were right before a significant market down turn, which is still possible. This chart is why there are people actually get bearish. . Yes the market bounces back, but remember that in retirement, you are dependent upon the total amount of investments lasting a long time. .
So the 2000 dot com bust was too much small cap speculation on companies with no visible return on investments, and rising interest rates, before the fed funds rate cuts.
So in the 2007/8 housing bubble, there was too much borrowing in the housing market and when oil prices went sky high, and interest rates hit some level of significance, no could afford their payments any more and pay for gas to go to work.
So where might the 2024/25 bubble bursting indicators show up? Passive index investments correlations rising to very high levels, (one of the inherent risks in indexing) and the treasury having poorly received auctions as the dollar keeps falling. .
just don't assume that market corrections have been eliminated after almost 20 years, especially with government spending being a larger and larger part of GDP growth, due to automation and technology advancements eliminating many middle class jobs. .
sorry to run, but the doorbell just rang, and the neighbor across the street has a clock in his hands which isn't moving. .