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Just an assumption only Yang Yang, if based on past recession 2001 Dot Com crash, 2008, 2016, 2020 and 2022.. S&P500 down from high between average 30% to more than 50% (2008).. we take average 35% is near 4,000
At least a release as US market big up yesterday night and US increase China tariff to 125% from 104% means indeed is only 21% from previous.. which if take into account China retaliate 84% match back original means US has reduce its tariff on China indeed. All countries tariff also pause 90 days