<…when will the “everything will go up forever” hype and hysteria be broken, and replaced by “it’s the end of the world” hype and hysteria?>
I’m waiting patiently. That will be the day to buy.
<We are coming up on a 10% drop since 8/16.>
Oh, that’s nothing. Look at the charts. I think we’re significantly above the bottom. VIX is climbing but it’s well below the level of the market being upset (over 30), much less in panic mode (over 40).
https://www.multpl.com/s-p-500-pe-ratio
https://www.multpl.com/shiller-pe
https://fred.stlouisfed.org/series/VIXCLS
Wendy