Who else thinks the Sharemarket is going to tank much further?

A clarification none of us needed but thanks anyway.

 

I am staggered that the Dow is still above 20k and the ASX 200 is still over 5k. My completely unsubstantiated view, as in I have no idea what I'm talking about, is there is a bit further to fall, and then some flat-lining.

 

Looking at US markets.

We are not even below the 2018 correction.
Now, this was just because the Fed wanted to raise interest rates back towards some kind of normal rate... The economy was chugging along very well with super low unemployment.

Now we have a huge portion of the US (and global) economy shut down and 15 million newly registered unemployed people (out of ~150m working population).

Yes, the Gov and Fed have unleashed enormous stimulus. But is stimulus equivalent to 10% of GDP really going to stave off a recession?
And if not, are falls of more than the 2018 correction not warranted?

 

You would think so. But the world has gone mad, so who knows.

 

Can you please clarify this. The DOW dipped to 21792.2 on Dec 24 2018. 2009 was a horror show at 6547.05 on March 9. Current value is 23,719.37.