Indice S&P/ASX 200
Short

context on asx 200

234
4 years of gains wiped in a short span, and now the market is off the lows and fresh into new technical bull market.
So for context, we went into a bear market in like 2 weeks, then within another 2 weeks, its ended and back into green shoots.
This does not sit well with me, as the broader market isnt a basket of commodities, but it certainly behaved like it due to the volatility, which historically is still elevated over different time duration's.
I suspect another lower high, then a slow, painful, grinding deleveraging.
S&P500, Tsx, Asx, FTSE etc have all gone along the same path together in this globalised world, now with debts (personal and corp) at all time highs, rates at all time lows, unemployment at all time (ever in m/m, y/y % terms and total numbers)
this rebound FROM ATH's would be best treated with caution and a healthy level of skeptisim that really wasnt present during its bull run.

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