[sgbuffett]

Final nail to s&p ??

Actually no. This will weaken the recovery delay inflation and keep interest down and bring in deflationary pressures.

Fed will start yo sound dovish.

In a perverse way, this keeps the bubble.going a bit longer after the initial sell off...just like Mar 2020 market selloff then go up non stop despite pandemic getting worse and worse. Same pattern this time.

In my mind I am thinking HSI index will be down because it has a mix of property,  industrial, retail and hospitality etc.....but the HS Tech may shock us by closing positive....surest sign that growth valuation will be again helped by this.