‘Black Swan’ investor still sees a ‘euphoric high’ ahead and doesn’t think the largest bubble ever is bursting yet—but then there could be an 80% crash

Quick Summary:

"I think when this is over, we’re going to see something far worse than '08, '09.

I think the market’s going to crash like 80%".

At some point, Spitznagel also knows the party will be over, though he cautions against trying to pinpoint an exact timeline.

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Article Details

Author / Journalist: Jason Ma

Category: EconomyBusiness

Markets: United States

Topics: Federal Reserve Bubble Investing

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-01 @ 09:03:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 599 words

Reading Time: 4 minutes read

Sentences: 4 lines

Sentence Length: 150 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27510214

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Official Website: fortune.com

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Year Established: 1929

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News Last Updated: 8 hours ago

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