Interactive Brokers’ Founder Says S&P 500 Could Fall 16% Before Bottom

[murray t turtle]

Let me add one comment, just to clarify:

I can predict that the Sun tomorrow morning will rise precisely at time hh:mm:ss based on my location, and my prediction will be pretty much 100% accurate.

But I cannot predict at what time the market will reach price x tomorrow at time hh:mm:ss.

The stock market is not a predictable phenomena like the planetary motion.

%%
Good points;
but like your early points \cant predict markets. IF some one could ''predict. '' they could own most of the world soon.LOL
Looks like IBKR founder is about right + above 50 dma on IBKR\
that's fairly close to SPY low in JUNE. [And he noted ESG as a bearish note; but that's mostly in hi tax Europe+ USa underperformers] Not a prediction or 10 year debt.