Regarding the “waiting for a big dip to get back into the market” folks:

Is it possible that, because this market has been booming for so many years in a row now, there’s a huge backlog of dry powder just ready to pounce?

In other words, any would-be crash will be muted and almost immediately bought up by the trillions of dollars just sitting on the sidelines.

I remember reading that there’s “$17T sitting on the sidelines” a year ago, but it’s not a figure that’s talked about a lot.