Today's term is "suckers rally."
Can you say that kids? "Suckers rally."
Japan, the path the US has paralleled on a nearly 100% genetically identical manner, had several of them after their big bubble went poof. And in the end is still down 75% from its high nearly 20 years ago. If we followed the Japanese Nikkei, the Dow Jones would be roughly 3,500 by 2030.
Can you say, "I'm working past 65?"
I knew you could.