excalibur
Diamond Member
- Mar 19, 2015
- 20,032
- 38,624
Overheated, to say the least. They've managed to prop it up longer than I imagined they could.
Act accordingly.
Spitznagel described the yearslong stock market rally as the “greatest bubble in human history.” Drawing parallels to the dot-com bubble, where the Nasdaq plummeted in 2000 after a surge in tech stock investments, he warned that the consequences this time could be even more severe.
“You don’t feel like a fool for making a bearish argument,” Spitznagel told the Journal. He believes the bubble’s burst will be exacerbated by the government’s $34 trillion debt, limiting the Federal Reserve’s ability to stave off a recession.
Despite the current rally, which Spitznagel predicts may continue for several months due to falling inflation and easing monetary policy, he cautioned that stocks could soon lose over half their value in a significant sell-off. He described the market situation as a “mega-tinderbox-time bomb.”
Spitznagel’s Universa Investments fund specializes in betting on black swan events, having reaped billions during the 2008 financial crisis, the 2015 flash crash, and the onset of the COVID-19 pandemic in early 2020. Although he has been warning of a market crash since January 2023, he now believes the timeline is clearer, with a recession potentially on the horizon before the end of the year.
americafirstreport.com
Act accordingly.
Spitznagel described the yearslong stock market rally as the “greatest bubble in human history.” Drawing parallels to the dot-com bubble, where the Nasdaq plummeted in 2000 after a surge in tech stock investments, he warned that the consequences this time could be even more severe.
“You don’t feel like a fool for making a bearish argument,” Spitznagel told the Journal. He believes the bubble’s burst will be exacerbated by the government’s $34 trillion debt, limiting the Federal Reserve’s ability to stave off a recession.
Despite the current rally, which Spitznagel predicts may continue for several months due to falling inflation and easing monetary policy, he cautioned that stocks could soon lose over half their value in a significant sell-off. He described the market situation as a “mega-tinderbox-time bomb.”
Spitznagel’s Universa Investments fund specializes in betting on black swan events, having reaped billions during the 2008 financial crisis, the 2015 flash crash, and the onset of the COVID-19 pandemic in early 2020. Although he has been warning of a market crash since January 2023, he now believes the timeline is clearer, with a recession potentially on the horizon before the end of the year.
![americafirstreport.com](https://americafirstreport.com/wp-content/uploads/2024/07/Mark-Spitznagel.jpg)
Famed Investor Warns the “Greatest Bubble in Human History” Is About to Burst
In a recent interview with The Wall Street Journal, renowned black-swan investor Mark Spitznagel issued a stark warning: the stock
![americafirstreport.com](https://americafirstreport.com/wp-content/uploads/2022/06/cropped-America-First-Favicon-32x32.png)