Passive S&P investors propping up absurd valuations, no thought for fundamentals, just “VOO & chill.” Tech, Americas Darling Industry, being mature industry until AI can proof otherwise (likely decades away). Currently U.S. experiencing record capital outflows meanwhile debt obligations ballooning. What happens when DXY is crashed? Inflation spiking? When government can’t afford paying out social security, medicare entitlements? Americans will lack disposable income, thus killing its own consumer economy and consequently S&P earnings
Basically if you hold large VOO allocations you are setting stage for drastically underperforms alternatives. It is like owning the Nikkei in 1980 and seeing zero real return for 40 years. Good luck silly complacement Americans, God help you all!!