I'm quite bullish, and here's my argument for it: 1. The Delta variant is a worry for the press perhaps to grab headlines but this market isn't correcting for that reason. When we see the WH or a government position official moving in the direction of restricting movement, like we had with the opening of COVID-19, then we have a problem. Until then, ignore the press. For what it's worth, I've met many reporters in the national press, and most of them are far from stock market millionaires. Trade on T2BF 2. The recovery from COVID-19 will be one of the greatest turnarounds - in time - in US history. It doesn't even matter if the politicians fowl it up; we're seeing this in pent up demand in both B2B and B2C sectors. 3. Fed chair isn't raising rates until 2022 but I'm quite sure that's a secret code for 2023. If you look at the exact stats you just pointed out, we have an imbalance, and this Fed Secretary has been consistently more fond of the markets naturally rebalancing (which affects volatility) rather Fed action. The correction happening now would have happened in absence of everything you wrote. P/Es are not the way to look at the market since earnings were squashed during our pandemic for most companies. Therefore, the trailing P/Es could be 1,000. It's a multiple on a number which is artificially suppressed to begin with and we've been printing money like mad. This isn't science. This is from my 30+ years of market experience on this one. We're in a correction and will keep having them 2-3 times per year, otherwise expect this to be the greatest bull market since the beginning of the 1960s. Time will tell! But I'm 100% certain on this one.notes from a userNow Join T2BF.