Black Swan: Stock market on the verge of further rise - is there a risk of the worst crash since 1929?

Black Swan: Stock market on the verge of further rise - is there a risk of the worst crash since 1929?

Black Swan fund manager Mark Spitznagel predicts a further rise in the stock market, followed by what could be the worst crash since 1929. Spitznagel expects an explosive peak, followed by a crash based on the bursting of what is currently the largest credit bubble in human history. He points to the Fed's actions to raise interest rates similar to those in the 1970s.

According to Spitznagel, the impending crash will be a direct result of the ultimate collapse of this credit bubble. He emphasizes the historical dimension of this event by comparing it to the devastating stock market crash of 1929. Spitznagel advises investors to prepare for this potential crisis and take appropriate measures to mitigate the impact on their investments.

Spitznagel's warnings illustrate the uncertainties and risks that currently prevail in the stock market. Investors should therefore reconsider their strategies and perhaps take more defensive positions to avoid possible losses. The fund manager's statements underline the urgency of a thorough analysis of the market situation and a cautious approach to investment decisions in light of emerging developments.