The vision is to convert the American economy from one with infinite profit margins (ads and software) to a manufacturing one with single percentage profit margins and limited growth potential due to tariff environment.

So I think a 80-90% drop in the overall market value is justified.

As someone who sold all my stock in January and invested into bonds, I think we are far from it, but the bottom it will depend if the tariffs are lifted in the next days. The worst case scenario would be tariffs being kept and the FED eventually losing independence.

I think it is safe to say that we probably will go back to pre COVID levels, since the trust in the stock market is eroded, but this time with high interest rates.

Sure, there's a bottom, but we're not close to it yet.

It could be down another 50%, it could already have passed. Historically, troughs in P/E ratios have occurred all over the place.

https://www.macrotrends.net/2577/sp-500-pe-ratio-price-to-ea...

This weekend is going to determine that. There’s a pretty blood chance we’ll see the real crash Monday.

Probably April or May 2025. I'm bullish still. But then I'm not all US stocks anyway.

Only one man knows the answer to this question.

I don't know the machinations at the level of Trump, the billionaires, and the GOP senators and representatives. Depending on what's going on, those in congress will never do their job.

OR, if they just believed in Trump's influence on votes in "free and fair elections", they might eventually hit a breaking point. Because if they let this happen unchecked, they will be voted out, 100%. (Not to mention everyone they know will have lost money, many more jobless, hungry, etc.)

Being complicit in triggering a great depression while being an elected official cannot be good for your career long-term.