The vengeance buying after the meltdown continues.  The pattern of vengeance selling followed by melt ups that dominated from 2009-2020 is now mirrored by a pattern of vengeance buying followed by melt downs.  It won't go all the way back to 10,000 before it ends.  Is it an unprecedented bear market?  The government needs to service its debt.  Interest rates have historically trended down when the government borrowed more.  Increased government borrowing used to be theorized as causing more instability, which causes investors to pay more for security.  This overpowers the higher demand for credit.



Generation X vs. millennial




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