The algos are losing control over the casino. pic.twitter.com/yfYXrDObUk
— Mac10 (@SuburbanDrone) July 18, 2024
If you compare 2022 to now, you can see there is room for "surprise" as complacency right now is extreme.
But the carnage is the same. pic.twitter.com/PDHnfsviP5
— Mac10 (@SuburbanDrone) July 19, 2024
Something to consider. pic.twitter.com/uaRYZenXDX
— Mac10 (@SuburbanDrone) July 19, 2024
Stock Guru Who Made $1 Billion in a Day Says CRASH Is Coming
Universa’s Mark Spitznagel, who has made billions from past crashes, sees last hurrah for stocks before severe reckoning
Talk is cheap when it comes to where stocks are headed, but investors’ ears perk up when Mark Spitznagel speaks.
One reason is that he has made some spectacular scores, including earning $1 billion in a single day, since setting up tail risk hedge fund Universa Investments in 2008. The other is that he steadfastly hasn’t relied on any sort of short-term view to do so.
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