Not everyone can buy the US stock market. Some abroad will buy gold and crypto instead. The bottom for gold and crypto should be some time between Spring and 2016.825. We are waiting for the burgeoning contagion to really bust out with a final peak in sovereign bonds.
Also generally speaking there will be much fewer assets to choose from, as most will be collapsing. This will focus attention on those small market cap assets with huge upside and correlated with the demand for things that do well when government is collapsing.
Okay yeah I agree with this, especially with the somewhat later timing than I thought you meant earlier.
I do think the Fed may have thrown a bit of a yellow flag on it by delaying the rate increase, so things may happen later. Eventually they will face irresistible pressure to start the increase though, and that's the latest the dominos start to fall, if not sooner.
And even more so for Bitcoin and even more, more so for small market altcoins that have something unique to offer that is really necessary (if there are any).
I think when you are playing a speculative move into low cap assets it doesn't really matter if they have anything unique. LTC should do fine for example. Even DASH will do fine, maybe even better because of implied commitment to supply manipulation.