This is likely to be a small-ish market correction. Short term, it might look like a big dip, but taking into account the massive growth the last few decades, it's not likely to be much.
I'm not surprised it made no sense. It's from a school of writing that uses poorly defined dramatic terms like blood-letting and secular bull to make it sound like the author knows something. If you read someone like Buffett who actually makes money trading stocks you get a completely different take and vocabulary.
Basically it's just propaganda. They're using complicated econospeak trying to confuse you into thinking that everything is alright.
In reality, nothing has been fixed since 2008, and Western economies are in shambles behind the scenes. It's a confidence game. At this point, investors are close to losing confidence, and when they do, a big crash will happen.
