Please note; some will find this post disturbing
I would like to call your attention to the article titled “A S&P500 Target of 100?” which is found under the “Investor” heading here:
https://www.economicgreenfield.com/prosperitybypencom-directory/
With the S&P500 currently at 893.72, I am sure that many will find the mere notion of the 100 level to be highly unlikely if not outlandish. However, I would point out that our current economic situation is exceedingly complex, and that any further economic weakness could play out in an unpredictable fashion.
As indicated in the article, if the S&P500 were to fall to the 100 level the accompanying economic situation would likely be dreadful and chaotic. It could very well represent the biggest challenge our nation has ever encountered.
Such a situation, if it were to occur, could be categorized as a “Super Depression,” which I would define as a severe Depression embedded with highly complex, difficult-to-solve problems.
In future posts, I will likely further comment on the prospects of a Depression and/or “Super Depression.” From my perspective, on an “all things considered” basis, both are (most unfortunately) possibilities.
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https://www.economicgreenfield.com/a-special-note/
SPX at 893.31 as this post is written
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