[sgbuffett]

[sgbuffett]

I am surprised this recent 6vmonth drop is sharpest drop in 50yrs.

In 1987 dropped 20+% jn one day in October.
So j guess the saying that biggest baddest drop is in later part of the year is true.

[forum456]

US recession is not priced in the stock market yet.

Once US recession is official, the stock market will be much lower than now.

Q3 and Q4 will be much worse

[Sharexchange]

Can buy la..

[sgbuffett]

We keep hearing of sharp falls ..very bad etc.. we have to put it in the right context.

Look at the Nasdaq chart. After falling "so much" it did not even fall to 1yr low yet.

That is because of zero rates and QE causing a big mega bull run. The market has to undo this run up then go further down to account for recession and earnings decline. There is no need to rush in or buy anything now.

[Niubee]

Chamath said for every $1 QE, the market gave 90cent return. All the lucky returns are QE related.