An irresistable footnote: in 1971, pension fund managers invested a record 122% of net funds available in equities - at full prices they couldn't buy enough of them. In 1974, after the bottom had fallen out, they committed a then record low of 21% to stocks.
Thus ended the great American Civil War, which must upon the whole be considered the noblest and least avoidable of all the great mass conflicts of which till then there was record.