Bill Fleckenstein – WARNING: The Crash Prone Markets Are Headed Considerably Lower

Monday, August 24, 2015
By Paul Martin
Aug. 24, 2015

On the heels of an absolutely wild trading day where the Dow fell more than 1,000 points at one point, before closing down almost 600, today one of the greats in the business sent King World News a fantastic piece discussing the chaos in global markets and warning that the crash-prone markets are headed considerably lower, plus a bonus Q&A that includes questions on the action in markets and real estate.

By Bill Fleckenstein President Of Fleckenstein Capital

August 24 (King World News) – Asian markets lost 4% to 5%, though China lost 8.5%, Europe fell 4% to 5%, and within a half-hour of opening the S&P had lost 5%-plus. Those declines underscore the point I have been making about the crash-prone and brittle structure that exists in the markets today….

The Rest…HERE

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