Market Correction opinion. - Stocktrades Canada

Mark Spitznagel recently told Business Insider that he believes the “worst market crash since 1929” is coming.

As the Chief Investment Officer of Universa Investments, Spitznagel’s biggest concern is how prominent debt is in all financial decisions — from day-to-day consumer choices to federal initiatives.

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Asked on February 12, 2025 10:27 am

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To be honest, this guy has called a market crash every single year for years. I did a quick search back from 2024 to 2018 and he has called it every year. Meanwhile, the S&P 500 is up over 130%~ since 2018.

This guy will keep calling it until he's right and then brag about how right he was (if a black swan event truly does ever happen) when in reality it is just a situation where a broken clock is right twice a day.

You call a crash every year you're eventually going to be right. This is what permabears in the stock market do. They constantly call for crashes, then when it happens, they talk about how they were right, and not how they were wrong the other 10 years prior.

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Posted by Dan Kent

Answered on February 12, 2025 10:50 am

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Great Answer!

(Rick Reeves at February 13, 2025 2:58 am)

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