I'm not glad to see this playing out, I simply see no recourse to avoid it. Retail traders still appear delusional, buying up unwanted shares funds and institutions are dumping each week. When the box opens, it will be unconscionable for everyone. Markets are near a violent move, with a magnitude that no one will grasp until the dust settles. The world is about to massively change during the next two years.
This is apolitical. Everyone has collectively fueled what brought us here, and the suffering will be widespread. Unfortunately the fuel expended will ultimately benefit only a very small cohort of the worlds population, those that headed this disaster, the creator is long dead. Inequality is sure to surge like never seen before, and to levels obscenely unmanageable.
Absolute Bottom Target: $1950, followed by at least a half decade of sideways trading unless Central Banks birth another future massacre.