> Did fiscal and monetary policy help smooth things out? We're assuming the crash in March was due to COVID - though there's no proof this was the case. This v

> Did fiscal and monetary policy help smooth things out? We're assuming the crash in March was due to COVID - though there's no proof this was the case. This very much could have been a correction to more realistic valuation. > So you're saying "this time is different." Let's see how that plays out. Agree here - I think we're in for an interesting year. We may have amplified the upswing dynamics with Fed action, but I'm pretty sure we'll see amplified downswings, as a result.