Every other day another possible 70% drop....
Sounds like they repeat the same article about once a week...
Even I laugh at these knowing how impossible this is....the fed would have rates at negative 5% and trillions being printed to prop up every nook and cranny of this market ...
I even bet that the government would eliminate taxes on all short term gains up to 2 years .....
A 32-year market vet shares 4 employment indicators that show the labor market is falling apart — and warns a recession will sink stocks by as much as 70%
https://www.businessinsider.com/sto...outlook-unemployment-rate-wolfenbarger-2024-8
The funny part here is your reasons for market valuations are always wrong and you cling to them for decades.
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