Mark Spitznagel Warns of Imminent Stock Market Collapse
The renowned black-swan investor predicts a historic sell-off, citing the U.S. government's $34 trillion debt as a critical factor.
- Spitznagel compares the current market situation to the dot-com bubble of the late 1990s.
- He believes stocks could lose over half their value in the anticipated sell-off.
- Spitznagel's Universa Investments has profited from past market crashes, including 2008 and the onset of COVID-19.
- The investor has been warning of a potential crash since January 2023, but now sees a clearer timeline.
- Other experts also predict a market correction, viewing it as a potential buying opportunity.