S&P 500 Correction. How Much Lower?

"my guess is that I think the market will drop at the very most another 2 to 3% that's it... highly likely uh we will drop to at the very most 5358 on the S&P 500 so this is uh where I think is the lowest the market will go... the total decline from the high would be at the most uh 13 about 13%"

"as long as you have the patience to hold on to that business over time the value of the business will keep going up and before you know it in a couple of weeks or months the market price will again readjust when sentiment changes and the next thing you know it's going to be back to all-time highs again"

"will this ongoing trade War really affect the underlying businesses could their profits really be affected the answer is yes certain kind of businesses so especially businesses in the industrial and Manufacturing industry agricultural businesses Automotive businesses retailers they could really be affected by these tariffs because it would increase their imported goods and if they can't pass it on to the consumer that would reduce their profit margins and their share price could drop because there's an actual drop in profits"

"at this stage I don't think uh a recession is on the cards uh at least not for now now"