$SPY okay so some scenarios I was thinking could make markers go down. Right now we are in a climate of zero% interest rates, money printing (diluting money supply), weakened dollar, and inflation. Bond yields are rising because people are selling bonds to search for yield and growth elsewhere. They don’t keep pace with inflation. The stock market is on fire for the past 9 months, and even more so in these past few weeks. Margin usage is at all time highs (or so I hear), and money that would otherwise be allocated to other assets is piled into the market. The market is at ATH. So to sum it up, there are LOTS of bulls in the market and they are leveraged. If anything spooks the market, there are a lot of bulls to be shaken out. Any thoughts?