... He would be rushing to kick start a new QE program asap... This if the only perfect 5th wave market crash setup visible since the crash of 1987... The only thing that can save the markets is the fed... They always get complacent after a rise though... Just like the .com bust and the 2008 crash... They don't step in until there is a crash. At least in recent years they have been quite fast in their reactions stepping in to support the markets with any S&P drops over 200 points...