Sort of bubble... if we look at other countries like Zimbabwe that had hyperinflation, their stock market inflated along with the currency, more or less keeping

Sort of bubble... if we look at other countries like Zimbabwe that had hyperinflation, their stock market inflated along with the currency, more or less keeping the same values. At least until the government in Zimbabwe shut down the market. Here in the US, the Fed controls the money supply, and it's widely believed that the Fed won't choke the money growth any further if the market falls by 20% to 30%, depending on your pessimism. Of course, if the actual economy collapses due to Covid and supply chain problems, there is no bottom.