As a result of the ultra-loose monetary policy of central banks, stock market prices are rising for the ninth year in a row. Can this end without a crash? There will not necessarily be a crash. But history shows that stock markets cannot go up forever.
The economy will go into a recession again at some point, and then there will also be a correction in the stock markets. Nobody knows how big that correction will be. But no one is expecting a major crisis – unless there is a huge geopolitical crisis. That would be a different situation.