How low can you go?

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How low can you go? 

There’s nothing the Fed can do to fix global supply chain disruptions …

And there’s nothing the Fed can do to stop the stock market from falling further.

How far could the market fall? Well, here’s the history:

Chart

In the Crash of 1929 and the big decline that followed, the average stock in the Dow Jones Industrials fell 89%.

In the early 2000s, the average stock in the Nasdaq Composite Index fell by 78%.

And in the 2008 Debt Crisis, the average stock in the S&P 500 fell 53%.

That’s bad enough. But notice I said “average” stock … and not all stocks are average.

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