Dave Collum: Intel’s 25% drop described as a good start after State-sponsored pump

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Dave Collum: Intel’s 25% drop described as a good start after State-sponsored pump — Intel drop called good start by Collum

Dave Collum, a professor and financial commentator at Cornell University, described his reaction to Intel’s recent decline, stating he was elated that the company was "crushed" last week, referencing what he called a State-sponsored pump. Collum characterized the 25% drop in Intel’s stock as a "good start."

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Collum has previously surveyed expectations on how far equities could fall in the next major downturn, as detailed in his outlook on equity market drops. In a separate post, he described the potential for a severe bear market with an uncertain timeline, warning it could persist for years or even decades, according to his bear market warning. His recent comments on Intel follow this longstanding bearish perspective.

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