This is worth watching with reasonable economic implications drawn to the retiring baby boomer generation and their impact on the economy thus far. 48 minutes long, but worth watching (on double speed):
Parabolic moves always drop, it’s just a matter of when. Big money will always move from overbought markets to oversold markets. I doubt real estate will hold either once the recession kicks in. Perhaps pharmaceuticals/medical stocks and energy forward stocks (e.g. Tesla) will withstand drastic losses.
Obviously where this money goes will be seen, however there seems to be some correlation between crypto pump in the last several weeks and the S&P dump. Institutional framework has been busy with crypto, and one of the few markets that is drastically oversold. Market makers will move from high to low.
And to put everything in perspective: