Wall Street Bear Predicts 'Biggest Market Crash Since 1929'

By Mike Fishmore | May 21, 2024

Most bearish skeptics

Mark Spitznagel, who serves as chief investment officer of Universa Investments, is known for being a "permabear" when it comes to the stock market.
 

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Spitznagel is one of "Wall Street’s most bearish skeptics," and he revealed his thoughts during an interview with Business Insider.
 

Worst market crash

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Spitznagel bluntly says that he believes the “worst market crash since 1929” is coming. Spitznagel also told Bloomberg that we’re witnessing the “greatest credit bubble in human history.”