What do you mean when you say S&P has crashed already? You mean the constituent companies are tanking/no-growth? Are investors/institutions liquidating their positions in those companies? Trying to understand the situation. TIA!
He means relative to inflation. He's withholding information so you think he's mysterious and smart and worth the consultation price. Trust me, you do not want to do business with those type of consultants.
Companies are guiding down. Rates are higher for longer.
It's a bad economy.