SPY is even the past 6 months.
Up 9.29% from a year ago
Up a whopping 108% from 5 years ago
Look at an all time chart. Since the covid recovery it's been insane, almost "due" for a downturn. Didn't we recently have back to back years of up over 20 percent each year?
Someone fill me in on why people think there's a downturn.
It's not as high as it was, but still really high
Wouldn't SPY at 500 be considered a downturn or crash?