Dowjones: Brace for a monster sell off.
Dowjones: Brace for a monster sell off. pic.twitter.com/O6rgHOnvEW — The Great Martis (@great_martis) June 19, 2020 Looks like we are heading for a stock market correction next week and into
dowjones
Does the year 2000 and 2007 ring any bells? The drop in the #DowJones to bear market territory took 8 MONTHS. Oct 2007 – June 2008… It’s coming faster this time.
As the household net worth (purely debt) as a % of disposable income (“wealth effect”) gets above 600%, savings rates seem to drop sub-5% in unison; then net worth dissipates