NVX Chart, page-2686

Another thing to mention. For those people, who got into stocks during or after March/April 2020 or heck even after GFC, it is probably difficult to comprehend that stocks do go down. What we have seen over the past two years is an absolute bubble and market mania. Everything, including and perhaps especially s**t stocks, have gone up fhundreds and even thousands of per cent over a very short period of time, and that without any fundamental support. This has only been made possible due to unprecedented fiscal and monetary intervention by central banks and governments. 30% of all USD created was created in the past two years. Can you imagine that? IF this intervention does fade, you know what to expect from stocks, especially those that went parabolic without ever even generating any cash flows.