Are you prepared for a 40% Market Drop?

The recently late Yogi Berra said, "We're lost, but we're making good time."That sums up the market. No one, including the Fed, knows where we are or where we're going, but they all think we are on track.

The reality is "recession watch" has begun. A recession will mean a full-blown bear market and a 40% drop in the stock market.

Bruce Marshall has traded through a lot of recessions - 1993, 1998, 2001, 2007, and the financial collapse of 08/09.

Bruce recently answered this question, "what is the one strategy you can't live without in a bear market?"

I didn't find the right solution from the Internet.

-References
-http://onlinetradersforum.com/threads/are-you-prepared-for-a-40-market-drop-you-can-be-with-this.686634/

-Data Management Video