@davidk3112 A good question, but the USA is also overvalued - perhaps a consolidation is coming here. Valuations in Europe and Germany are more attractive and should rise soon
@Tenbagger2024 Mostly it was recession, oil price crisis, Black Monday was fear of the Great Depression, 2001 - it was the dotcom bubble, 2007-2009 the real estate bubble was to blame, 2020 it was Corona ,