Name me some occasions I talk about market crashes? I am prepared for it as nothing moves up all the time but that is different from confirmation bias. I don't look at the Dow/SP500 at elevated levels and think market crash nor do I see worst than expected NFP/CPI/Consumer sentiments as automatic top has formed in capital markets and GFC destruction is coming. Japan is a good case study that it can still continue after 20 years of deflation.
If I fear a market crash it is the Chinese economy hence I don't see much growth moving forward and reluctance to even grugingly jump into IO. I am still on the sidelines trying to jump into Chinese economic good will supposedly through the recnt IOP raly. No fundamentals to support it and the reports are starting to come out to support that view.
I don't know price of ANYTHING will end up NY close let alone end of year.
