One River Asset Management's CIO Eric Peters broke with that tradition and dared to "pin a tail on the donkey" of when the next market crash - one which he agrees with us will be driven by a collapse in the global credit impulse - will take place. His prediction: Valentine's Day 2018. “But when the global credit impulse reverses, it’ll be a cascade, an avalanche. And I pin the tail on that donkey to be Valentine’s Day 2018.”
http://www.zerohedge.com/news/2017-06-25/it%E2%80%99ll-be-avalanche-hedge-fund-cio-sets-day-when-next-crash-begins
So we have about 7 months left to party. I think it will be a few months longer than that but I wouldn't bet on it. So eat, drink and be merry, for next year we will die!
No comments:
Post a Comment