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

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.

 

orbit23,

I am buying S&P 500 index.

LONG and VERY STRONG.

 

Exactly. Nothing to worry about...

Mike Pence has got this!

 

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.

 

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

 

S&L crisis

 

idiots.. just remember in a few days when we make new highs.... how them boys play the sheep dumb money like a fiddle.

 

Seriously, you're an incurable idiot yourself. No, much worst.

 

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?