Mark Spitznagel warns of an 80 percent stock collapse and analyst predict a 50 percent housing crash next year

Spitznagel told Reuters (1) in an interview that he expects “an 80% crash” but also noted that he believes it will only happen “after a massive, euphoric, historic blow off rally.” While the stock market might be headed for an unstable future, he believes that a 20% gain for the S&P 500 index is possible …

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“We’re in ‘black swan’ territory, and diversified portfolios are a ‘big lie,'” says Mark Spitznagel.

https://twitter.com/mattykinsX/status/1844014730303926716 Top of the channel and starting to see some bearish divergence here. It looks like the months of high equity prices with low risks might be coming to an end (at least a healthy reversion to the mean). pic.twitter.com/YGsCNez0rV — Guilherme Tavares (@i3_invest) October 9, 2024 🚨 S&P JUST HIT A NEW RECORD HIGH! …

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