-
Will The US Stock Market Drop By Half?
In 2008 the S&P fell half off its peak and nothing physical happened to the economy. Now we have two very physical things — supply and demand shocks. The strategy of no strategy means these two physical problems will continue until a vaccine is produced, i.e. likely not for a year or more. On February 25th, I predicted a massive drop in the stock market due to the coronavirus. At that point it had already fallen 8% from its peak. Today, it's 20% below its peak. I think it will fall 50% below peak. That may be conservative. In the Great Recession, the S&P fell half from its peak and nothing physical happened to the ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Mar 14, 2020 5:42pm Mar 14, 2020 5:42pm
- ytong
- | Joined Mar 2015 | Status: Member | 59 Comments
- Comment #2
- Quote
- Mar 14, 2020 6:45pm Mar 14, 2020 6:45pm
- Igrok
- | Membership Revoked | Joined Dec 2006 | 249 Comments
- Comment #3
- Quote
- Mar 14, 2020 9:49pm Mar 14, 2020 9:49pm
- Hurst
- | Commercial Member | Joined Aug 2014 | 1123 Comments
- Comment #4
- Quote
- Mar 15, 2020 4:11am Mar 15, 2020 4:11am
- afevir
- Joined Feb 2019 | Status: Member | 1224 Comments
Confucius: the man who broke the mountain was the same man who started ...
- Comment #5
- Quote
- Mar 15, 2020 4:45am Mar 15, 2020 4:45am
- JackJones
- Joined Aug 2005 | Status: 888 | 86 Comments
grist for the mill
- Comment #6
- Quote
- Mar 15, 2020 6:26am Mar 15, 2020 6:26am
- danasa
- | Joined Jan 2018 | Status: Member | 118 Comments
- Comment #7
- Quote
- Mar 15, 2020 6:36am Mar 15, 2020 6:36am
- countaccrue
- | Joined Jan 2020 | Status: Member | 24 Comments
Count Of Antwerp
- Comment #8
- Quote
- Mar 15, 2020 9:09am Mar 15, 2020 9:09am
- Guest
- | IP XX.XXX.171.191