Unfortunately it probably won't be stocks that crash, but the actual value of a dollar. Things are already more expensive. Tried buying lumber lately? 3-4x the costs. A 2x4 which normally runs $1.5 to $2.30 depending on season is now $6-$8. To build a new house would cost you 20-40% more than it did a year ago. Food costs are creeping up, fuel will rise. A large amount of people are only avoiding homelessness due to eviction and foreclosure moratoriums. The stock market may see some loss, but the price values are going up because the money supply is going up as well. It's not really connected to the economic reality for many people.
Unfortunately it probably won't be stocks that crash, but the actual value of a dollar. Things are already more expensive. Tried buying lumber lately? 3-4x the costs. A 2x4 which normally runs $1.5 to $2.30 depending on season is now $6-$8. To build a new house would cost you 20-40% more than it did a year ago. Food costs are creeping up, fuel will rise. A large amount of people are only avoiding homelessness due to eviction and foreclosure moratoriums. The stock market may see some loss, but the price values are going up because the money supply is going up as well. It's not really connected to the economic reality for many people.