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Crash—The Stock Market Collapses, Now What?
On March 5th I posted this prediction. image Here we are: image It behooves me to call “What next?” This is incredibly tricky but here is my call. This move is the big first leg of a crash and is the start, not the end of this crash event. There will be no V bottom. A 25%-30% fall in the Dow will mean a 40%-50% fall in the Nasdaq. I believe this to be highly likely and the predictor of that will be the growth rate of the coronavirus currently running at reported rates of 15%-20% This rate, even if the growth rate falls sharply quite soon, will lead to a 1,000,000+ infection tally outside of China unless ... (full story)
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Warning: A Dangerous Subversive: 1% of comments CoCed
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