S&P 500 is up 20% in 3 years, not 1 year

S&P 500 is frothy, for who big fund hedge fund managers who sold pre-pandemic, shorted during the pandemic, and then decided when go long again, maybe the reason why everyone thinks the economy sucks is because this chart explains it, thats what most people retirement is at, and trust me, their 401k haven't done this well over the 3 years