[quote=deadzone][quote=XBoxBoy][quote=deadzone]
The Nasdaq still has a long way to retrace just to get to pre-covid numbers.[/quote]

Yeah, that’s true. QQQ’s are probably about $100 above their pre-covid level, so another 30%. SPYs about the same, maybe only 20%. And north country real estate would need to drop more than 30% to get to pre-covid levels I suspect.

Which leads me to wonder, are you predicting that things have another 30% to drop from here, or are you just saying, “Things will go down from here, but anyone who bought stocks or real estate and has held if for over two years will still be ahead.” Curious minds want to know.[/quote]

Well since all Covid related asset price gains, stocks, RE, etc. were completely artificial (Thanks to Fed printing 4 plus trillion dollars) it is a logical assumption they will be reversed at a minimum to pre-Covid levels given all of the Covid related programs will soon be over.[/quote]

So just to help people out here…You believe…err…expect with conviction that both stock market and San Diego real estate prices will correct back to pre-covid prices, right?

Can you repeat your conviction of this certainty today?