Three Reasons Why You Should Expect a 30% Market Meltdown

You’re too late to avoid the bear market, so get ready
by Mark D. Cook
Market Watch
In a commentary for Marketwatch just over two months ago, I predicted that the U.S. stock faced at least a 20% correction. The signals now point to a 30% downturn.
This recent market volatility VIX, -2.54% is just the beginning. The declines that corrected prices more than 10% in both the Russell 2000 Index RUT, +0.21% and the Nasdaq Composite Index COMP, +0.69% encompassed the majority of the market, and these stocks have begun their descent. Meanwhile, both the Dow Jones Industrial Average DJIA, +0.76% , containing 30 stocks, and the S&P 500 SPX, +0.71% have yet to correct 10%, but historically they are the last to fall.
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