Pretty scary ... could be heading to 13,000 or less on the tsx ... it will be hard not to get caught in the downdraft.
There is absolutely no end in sight to the deteriorating economic conditions and with debt levels at record highs ... this could get much much uglier.
The avg bear mkt takes approx 7 years to recover from, the crash of 29 took decades to recover from ... I've got to believe this one will be in the middle at best and possibly as bad as 29.
Never I have ever wished to be more wrong.
Orgy