This is an update January 16, 2020 comparison of the Gross Domestic Product and the Wilshire 5000 on a quarterly basis from 1975 to Q2 2020.
It seems that the decline in GDP has run its course. Alternatively, if the decline has not ended then there is not much more to go on the downside.
Meanwhile, it is challenging to think that the Wilshire 5000 does not have more to go on the downside. However, the sudden nature of the cause in the decline and the extent of chasm that has been attained may mean that the worst is past us, buy only for those who are willing to take a 10 to 15 year investment horizon. Traders who are long only may see more pain ahead.
see also: January 2020