Do i get it right on the attached image? IMO it shows US bond yield inverted curve and the subsequent economic recessions (which follows this market indicator) on all time chart.
sources:
According to https://www.currentmarketvaluation.com/ the market is overvalued to strongly overvalued, so i am wondering if this crisis, that started in 2021/2022 is a longer crisis, which not yet ended and the overvalued stock price will fall down again? But more importantly, if I have misunderstood something wrong, please explain why.