Yawn...The market rose 26.5% last year. That whole time there was never a pullback of greater than 6%. The one period from late May to late June when the S&P pulled back 5.7%, it was described by the media with words such as "slide", "crash", "panic", "plunge" and other similar hysteria-inducing adjectives. That was little more than half of a correction. So many folks have been hyper-sensitized to react to the smallest of market moves. This activity: big deal. Our markets won't be allowed to correct, much less crash.
“Our markets won’t be allowed to correct, much less crash.”
Could you elaborate on “won’t be allowed”?