If you believe that everyone is now up to their ears in bonds, what could the stock market crash. After all, there is no one to exit the shares, all in bonds. After all, to start a bear market, big players should start panicky getting rid of stocks, and who will get rid of them if everyone is in bonds :)
On the other hand, when everyone gets tired of sitting in bonds, they will start selling them and enter the stock market. Вот тогда stock market США взлетит ракетой. So there is no chance of a stock market crash, but the chances of rapid growth are almost 100%. :)
