The market is crashing?
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Stockman has been repeatedly predicting a crash for many years now. You would think he might, by now, admit to being more than a little off on his predictions.
That said, when a correction does come along (for whatever reason) it will be a significant one and it wouldn’t take much to trigger a sell off. Market valuations right now are quite high across the board. A correction is about 10%; a crash is a decline of 20%, or more. Something in between would be a drop of over 3,000 points on the DOW.
Its been a long bull run and every one of them has had a correction over the past 40 years. Just saying.
If I remember correctly during the campaign Trump made statements wherein he was not a big fan of the Stock Market