### Comment:
Idk, it’s probably not a number at all. More tied to economic outlook, growth, downside risk mitigation, etc. I just know, nobody wants to enter into markets for long term buys with a recession looming.  
  
 We’re not in a recession yet tho and recessions don’t last weeks. I don’t even know if we’ll enter one but they’re using the “R” word.

### REPLY:
This 3% drop is nothing if recession is certain. There are still tools government and central bank to do before we hit a recession. People just use the R word as we live in a sensationalized 24/7 news cycle.

### END.