Chances of SPY at $200 by the end of 2020 (stock market, tax, recession)

[bobdog357]

What do you think are the odds?

For this to happen the economy needs to go into a recession sometime next year and 2020 to be a recession year.

What are the chances in you humble opinion?

[BigCityDreamer]

Believe in the bull.

That is what the stock market and the economy are supposed to do.

[bmw335xi]

I accidentally voted yes, I don’t think SPY will drop to $200 by end of 2020. I could see it happening after though depending on the election outcome. If we rollback tax cuts and increase regulations, I could see the market having a major correction.

[ShampooBanana]

You're talking about an over 30% drop in the S&P. That's a crash, and I see nothing on the horizon that would cause that unless something completely unexpected and majorly catastrophic happens between now and then. Even if Trump were impeached tomorrow and a socialist somehow became president through some kind of government coup the markets wouldn't even drop that much (okay MAYBE if THAT happened LOL). I think it's more likely that SPY hits 350 by that time than it drops to below 200.