Chantilly, VA
Quoted from thedarkknight77:For me it’s Stock Market concerns. The economy has been fueled by debt and low interest rates and I don’t think it can last. I believe the market will see a 20% correction within the next 2 years. When that happens, people will see their wealth plummet. Layer in layoffs across all sectors and everyone will be worrying about their jobs........even if their job is safe.
20%? We have already had 9% as of today. I expect about 35 to 50% correction within 2 years and it may be by early next year.
The DOW around 17,500 would be 35%, It has already fallen from 26,935 to 24,650. The 52 week low is 23,242.
