The Stock Market Is Going to Fall Again

I wouldn't be surprised if the nasdak went down another 30 to 50 % from here. And this may grind on a little bit longer than most people are prepared for, cause there's a lot of stuff to work out. When we started in december 20 21, when we were at our peak, and in the equities markets, the price to sales ratio of of the stock market was the highest as ever been. We have all of that excess bubble frothiness to get rid of still. The first part of the recession, i think we have two phases. Phase one is probably over, where we start to see a compression of those multiples.phase two is because

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