NO! Market is tanking ITSELF by getting way more over-valued. Before recent correction, market was more over-valued than just before the October 1929 crash which was the start of Depression.
Yes, and like always, it will overdo it on the low side too.
That brings opportunities. I bought a little energy today, with a yield of around 4.40%. I’ll keep buying from here for a while, whether things are going up, down or sideways. The various governments that control the bulk of world energy resources can’t operate at $40ish a barrel for long, with the exception of the US. $40 will slow private production soon.
Interesting thing is, price has been dropping for a while and lately accelerating. But American rig counts went up last week. The players who are drilling expect higher prices and fairly soon.
What the heck do you think you're doing, interjecting facts into the middle of a tantrum?