So where to next? I fundamentally believe that if we are creating a global fiasco and a trade embargo with China, we go lower. In addition, if we believe Trump is earnest and we are shifting from a US-centric hegemony that sent debt/dollars to the world and we have to toward manufacturing - this is a total reshaping of our entire economy. I'd call for a 40-50% pullback in SPX and a massive drawdown/winter in crypto as well.