I think we are close. Corona (paired with an already bad economy) is the black swan. In China 40-50% (!!) of the economy is standing still since a month. This will have an effect on several supply chains. And as if its not bad enough, medical supply coming to 80% from china. :( This has a huge impact on the economy and it's not yet priced in. I expect a 2 year bear market.
I think we are close. Corona (paired with an already bad economy) is the black swan. In China 40-50% (!!) of the economy is standing still since a month. This will have an effect on several supply chains. And as if its not bad enough, medical supply coming to 80% from china. :( This has a huge impact on the economy and it's not yet priced in. I expect a 2 year bear market.