The stock market is on the brink of a historic sell-off, according to renowned black-swan investor Mark Spitznagel. He has issued a stark warning about the potential collapse of the “greatest bubble in human history.”
What Happened: Spitznagel, known for his successful bets on market-moving “black swan” events, in an interview with the Wall Street Journal on Friday, reiterated his bearish outlook on the stock market. He compared the ongoing market rally to the dot-com bubble of the late 90s, which ended in a significant crash in 2000.
“You don’t feel like a fool for making a bearish argument.”
The current bubble’s burst could have more severe consequences due to the U.S. government’s $34 trillion debt, he said, comparing …
Full story available on Benzinga.com
The stock market is on the brink of a historic sell-off, according to renowned black-swan investor Mark Spitznagel. He has issued a stark warning about the potential collapse of the “greatest bubble in human history.”
What Happened: Spitznagel, known for his successful bets on market-moving “black swan” events, in an interview with the Wall Street Journal on Friday, reiterated his bearish outlook on the stock market. He compared the ongoing market rally to the dot-com bubble of the late 90s, which ended in a significant crash in 2000.
“You don’t feel like a fool for making a bearish argument.”
The current bubble’s burst could have more severe consequences due to the U.S. government’s $34 trillion debt, he said, comparing …
Full story available on Benzinga.com
The stock market is on the brink of a historic sell-off, according to renowned black-swan investor Mark Spitznagel. He has issued a stark warning about the potential collapse of the “greatest bubble in human history.”
What Happened: Spitznagel, known for his successful bets on market-moving “black swan” events, in an interview with the Wall Street Journal on Friday, reiterated his bearish outlook on the stock market. He compared the ongoing market rally to the dot-com bubble of the late 90s, which ended in a significant crash in 2000.
“You don’t feel like a fool for making a bearish argument.”
The current bubble’s burst could have more severe consequences due to the U.S. government’s $34 trillion debt, he said, comparing …Full story available on Benzinga.com Read Morebenzinga neuro, Black-Swan Investor, Equities, Mark Spitznagel, News, stocks, Top Stories, Markets, General, News, Equities, Top Stories, Markets, General, Benzinga Markets