The S&P 500 is down 30% since Coronavirus started [1], back to April 2017 levels [2], about three years worth of gains erased. But this comes after a decade-lo

The S&P 500 is down 30% since Coronavirus started [1], back to April 2017 levels [2], about three years worth of gains erased. But this comes after a decade-long record bull run that's been begging for a 15% correction. Treasury yields were inverted a few months ago, last week bond prices got disjointed from their underlying assets, QE has been incessant since 2008, rates are at literal zero - the bull market was fake, propped-up and political; there is nasty sausage festering in the belly of our financial system and it's set to explode. Get ready for at least another 30% drop. Or: The internet is truly the greatest invention of all time. There is nothing more valuable than the exchange of ideas. We have only begun reaping its rewards. It will be responsible for another 100 year bull run of greater magnitude than the industrial revolution. Not only is innovation at record levels, but the pace of increase of innovation is at record levels. The bull run was not fake, P/E levels of the S&P are in line with historical averages [3]. We are taking Coronavirus very seriously and China has shown that you can "flatten the curve" when you do [4]. This will blow over in a few months and the economy will be right back to where it was. But the stock market is forward-looking and can recover in an instant, the buying opportunities are now. [1] https://imgur.com/a/aq2yw70 https://imgur.com/a/aq2yw70 (chart) [2] https://imgur.com/a/EOWR4Kf https://imgur.com/a/EOWR4Kf (chart) [3] https://imgur.com/R0zpJiP https://imgur.com/R0zpJiP (chart) [4] https://imgur.com/VTMOeh9 https://imgur.com/VTMOeh9 (chart)