If you see the percentage of decline in the market, then i would say it's about right when it comes to market cycles... However, if you look at the market 'on a glance' with the size of the drop that has been ongoing for the past couple of months - you'll say otherwise.
Lets go back to the crashes in 2000s and 2008 where they were considered a significant crash that lead to recession in a lot of countries..
Now, look at the size of the decline at our current time, and i would argue that this could be the BIGGEST crash in history.
OF COURSE recession is no doubt would be the case here, and we should be prepared for the worst. My 2 cents..
Stay safe, and good luck with your trades...
Lets go back to the crashes in 2000s and 2008 where they were considered a significant crash that lead to recession in a lot of countries..
Now, look at the size of the decline at our current time, and i would argue that this could be the BIGGEST crash in history.
OF COURSE recession is no doubt would be the case here, and we should be prepared for the worst. My 2 cents..
Stay safe, and good luck with your trades...