Why? If you are a trader the volatility will be good. If you are perma bull then chance to buy more on the dip. A 25% sell off in the NDX and 20% selloff in SPX and then a rally back to ATH should be good for all traders and investors, except maybe those who over leveraged or not did not diversify enough.. But I personally don't think this current sell off will go that deep. Although the 2018 chart you posted would suggest I have a good chance of being wrong..
However this time there won't be a rally to new highs!!! Everything you saw during his last term will not be a repeat of this term. Everyone is expecting the same turn out with the economy and markets going gang busters. It's not happening. We are not going to see new highs for years, markets are done going up. Every rally will be sold moving forward as this is going to be a choppy market that trends down the next 5 years ,not up!!
True. Powell was forced to stop after the potential recession. I assume if it happens again Powell might continue his rate drops but I'm not sure given the current inflation scenario. Stagflation come true.
5 year down trend is really pushing it, as even after 1929 the down trend lasted about 2.75 years. And the down trend after the 2000 top lasted 2.5 years. You could say it will take 2.5 years to bottom and 2.5 years to recover... That would be more likely than a 5 year down trend.
The only thing getting crushed on this thread at the moment is your dumbass Rickshaw and V-shape have the sense to hide under their rocks. Although V-shape could not help himself and did come out mid day a few times to declare a V, only to see the market quickly tank again after.. I think he has learnt his lesson for now.. which is to at least wait for a big up day close before cheerleading and trolling again..