The Best (passive) Index SHORT in the world. - The Dow!

The Title Chart is the DJIA/Nikkei225 - the best of them all.

Here are the rest;

This one is not very representative since it reflects the weakness in the Pound.
Still, it is a country-mile better deal than holding the Dow (Long).

Well, you get the idea as the rest of the worldwide indexes reflect the same story, across the board. (With the Asian Indexes leading the pack vs. the DJIA!)

One other, important issue to consider that these - above -declines haven't even factored in the Currency Differential(s) between between local currencies and the U$D. - Doing so, the Dow has an even grimmer future.

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And as always, here are the Safe Havens, in case the need should arise;

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Not very surprisingly, the FAANGs are still in a much worse shape (price-wise), for now, than the Dow;

It, of course, stands the reason as the Nasdaq should lead the whole US complex lower.

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On a Foot Note;

You know you’re in a bubble

- When funding a 36-year stream of expected inflation-adjusted spending requires over 38 years of money up-front;

- When the median price/revenue ratio of S&P 500 components exceeds 3.3;

- When every single decile of S&P 500 components is at record valuation extremes; www.hussmanfunds.com...omment/mc210315n.png

- When the amount of leverage in the system (U.S. equity markets) is now easily the highest in history, by any measure, not just in absolute terms! (relative to GDP, etc. Margin Debt/GDP = Margin Debt/Market Cap x Market Cap/GDP Showing insane over-valuation across the board!)

- In a world where speculators now value the stock of bitcoin at one-fifth the value of the entire U.S. monetary base;

- Where the current SPAC mania is identical to the South Sea Bubble in as much as: "Let them see not what they do!";

- and so on...