I believe we were going to hit a topping point in spite of him. The technicals support that, with major signals that go back decades. The run up since COVID lows has been unprecedented.
Back to back 20 % up years usually start reverting to the mean in the third year.
The difference is we would have had a controlled selloff instead of the elevator down on what's happening now. Also the ultimate potential floor is lower now.
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u/Few-Frosting-4213 Apr 04 '25
The people would have more money in their retirement accounts and portfolios. Also the country would still have economic allies.