The only chart that matters for determining how much downside the NASDAQ has left: The NASDAQ is currently worth 90.18% of U.S. GDP down from a November 19th all-time high of 104.86%. Prior to the scamdemic on February 19, 2020, the NASDAQ was 65.10%, but crashed to a short-term bottom on March 23, 2020, of 48.19%. The long-term median fair value for the NASDAQ from 1996 through 2022 is 27.61%. The March 27, 2000, dot-com bubble peak was 66.15% and the NASDAQ bottomed afterwards on October 9, 2002, at 14.88%. by Inflation.us Editor
Poster Comment:
So NASDAQ can drop 60% or more of its present value.