THE STOCK MARKET ON THE BRINK OF A BEAR MARKET
A Wall-Street veteran comments on the stock market as it teeters on the brink of a bear market. In a recent interview on CNBC, CEO of Morgan Creek Capital Management, Mark Yusko, announced that that bears are already out and stocks are going to finish the year on an economic downturn, lower by a double-digit percentage. This is not the first time that Yusko has correctly predicted that course of stocks. In 2018 he predicted yet again that stocks would end the tear on a sour note, and they did. Yusko has suggested that we will see another “credit crisis” …
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