Mauldin – “The Big One” & What Investors Must Worry About
February 7, 2014
Today John Mauldin spoke with King World News about what is going to trigger what he calls “The Big One” and what investors around the world must now worry about. Mauldin, President of Millennium Wave Securities, also discussed when he expects “The Big One,” as well as the disastrous assumption central banks are making.
Mauldin: “At some point when we have a traumatic event, something that really gives us a reason to have a new valuation, then I think we see the big one. There is a new event out there, and the central banks are going to respond with more ‘Code Red’ policies.
It’s a very difficult time to be an investor … We now have to worry about what the f*** these politicians and central bankers are going to do in response to everything….