It's over. Historical bull run has come to an end.

Both of you are correct to some degree. China's economic woes started over the tariff war, which hurt the American supply chain. The virus is just the latest blow, and may be the catalyst to burst a bubble that's been fueled by corporate welfare/buy back, cheap money & an irrational sense of consumer confidence. Y'all are just being obtuse on the merits of each other's argument.

Here's a more interesting statistic...

https://corporatefinanceinstitute.c...aluation/market-cap-to-gdp-buffett-indicator/

This is why Buffett has been holding so much cash.
 
If this dump is not a trend-changer of the historical 10year bull market, then what is?

Buying the dip worked for the last 10 years, and seems like that period is coming to an end. I believe we are in a bear market.

Take a look at some high time frame charts. Everything looks toppish.

That virus is gonna fuck us up too. Good luck, everybody.

Start praying for a nice bounce where you can get out.
orbit23,

I am buying S&P 500 index.

LONG and VERY STRONG.
 
No it didn't. We had bigger drawdowns than this (so far) in 2018 and 2015.

And those weren't the end of the bull either.

I am not making any prediction to how long the bull will continue... I'm simply saying this virus isn't the cause of the end, even if it appears so on the surface.
 
And those weren't the end of the bull either.

I am not making any prediction to how long the bull will continue... I'm simply saying this virus isn't the cause of the end, even if it appears so on the surface.

I'd say this gets settled on Super Tuesday. Bernie nom, it's over....if the media change their tune to support him, goodbye sweet Trump gains of 2017 and beyond.

or

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9/11

However again you're at least two steps behind and looking backward if you insist that the only things that can cause a recession are things that caused a recession in the past. Name one instance where a subprime mortgage crisis caused a recession before 2008?



S&L crisis
 
Actually, Padu can be forgiven for his naivete. The guy who constantly advised people to sell their home to buy QQQ should be dragged out and flogged.

idiots.. just remember in a few days when we make new highs.... how them boys play the sheep dumb money like a fiddle.
 
So many permabulls high on hopium in this thread. Economics should really be a class in high school. Imagine going through life not understanding how supply and demand works. I guess the bear move in oil is just the market retracing a little before it launches to 65 a barrel? It couldn't be that the oil supply to world's largest consumer has effectively been shutdown?
 
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