You just have to wait a little longer, we boomers can't take it with us and will pass your inheritances to you someday.
Don't forget the CFDs and derivatives we have now. DB alone has something like a 42 TRILLION dollar derivatives book. Think what chaos it work case if DB (currently trading at a P/B ratio of 0.41) were to fail. One of my fears is a cascading wave of failures of major Euro banks, which are also systemically important in the US market (fed primary dealers, NYSE members, etc). Euro PB ratios for the 10 biggest banks over there suggest that the are tons of losses that have yet to be realized.
If there is still much money in the market (as is), and interest rates come down, investment will flourish a lot more... Whether inflation comes down in this scenario or not, is not totally clear (arguments on both sides). However, we would have a bull spike - most likely. Maybe followed by a reverse event.
%% DB maybe better run than C [Citigroup] but that's not saying much I rememebr WSJ had an article on Fed meeting with DB, probably not to compliment them LOL..Amazing the big, big fines those big banks pay, amazing
%% I wasn't around then, so don't know but now i can buy/sell DOTM calls/puts for a few pennies to a dollar. Better than 90%.