THe supposed new “floor” (bottom) is 3,000 to 3,500 - assuming that occurs you will see (hopefully) massive revolt - a march on Washington, etc
In sum most Americans in their late 40’s and older - who were counting on IRAs or 401K investment accounts as a major basis of retirement income will see the values decreased by -75% - thus probably never able to really retire EVER!
Good lord...3000.