Everyone is saying not to worry about collapsing stock prices because the market was long overdo for a healthy correction. But they are ignoring the fact that it was also long overdo for a bear market, which is more likely what we are now in.

Everyone is saying not to worry about collapsing stock prices because the market was long overdo for a healthy correction. But they are ignoring the fact that it was also long overdo for a bear market, which is more likely what we are now in.

— Peter Schiff (@PeterSchiff) February 9, 2018