RMDs for this year are based on last year’s end value. Probably will have to withdraw twice as many or more shares than normal this year to acheive the RMD amount. Big hit on retirement accounts, although an opportunity for Roth conversion if one wants to stay in equities.
There will be a point where the Big Guys think enough is enough...and it WILL turn around. But where that point is will make a big difference in a lot of areas as things come crashing down
Those sitting on their high horse thinking this won’t effect them..unless you are in cash...don’t be so sure...ESPECIALLY if your funds are in a pension plan or mutal fund or something else where someone is controlling the decisions.