re: Dow futures down 500pts

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My main point would be what constructive discourse has any of the posters in this thread provided yet?

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You provided absolutely zero discourse. You just criticized others. Here is some discourse, the metrics you are using are antiquated. We can recognize we are in the middle of a bear market now long before people like you officially announce it, which is usually weeks or months after it starts.

If you want reasons/support you should already know it, but since you are only in a criticize mode without supporting your position I’ll provide it. Commodities continue to remain at high levels, inflation is through the roof and much higher than what is being reported, GDP decreased in the first quarter, China is expecting terrible jobs numbers, rising fed funds rates, NASDAQ was down 13.3% in April (worst since 2008), NASDAQ is down 23% since November 2021, earnings have been abysmal this quarter (expected to continue as more are reporting this week), Russian war is expected to continue pressure on commodities, China Covid-19 is expected to be another inflation driver on the supply side, lending rates continue to climb and from technical side Apple (150) and Microsoft (270) look to be close to breaking key numbers that are going to further accelerate sell off in the S&P 500 (Microsoft broke below this morning).