I lurk here and post/reply to things every so often- My question is this- How close are we to a system/ market collapse? Things surely aren't looking to good from my naive and unfamiliar point of view. I'm just wondering about this and wanted the opinion of those who may be more educated in this arena. Thank guys!!!
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Well the stock market was overdue for a correction and factor in that there is also a bubble so it possible a market collapse is unfolding.
We will know by the Fall but really the US is already in a recession. But by Fall most will accept that the US may be in a deep recession or similar to 2008 or worse.
May is historically known as "May go Away" for the stock market. So the continued sell off into the Summer leading into the Fall may be an indicator of what is to come.