Fleckenstein: This Is What’s Going To Crater The Stock Market
March 6, 2014
On the heels of more erratic action in global markets as the world awaits to see what happens in Ukraine, today Bill Fleckenstein spoke with King World News about what is going to “crater” the stock market. Below is what Bill Fleckenstein, who is President of Fleckenstein Capital, had to say in this powerful interview.
Fleckenstein: “I don’t know when psychology will shift in the bond market, if it will go slowly or fast — probably a combination of the two — but I think the bond market is on borrowed time. It’s going to take the bond market to create a question about what the Fed is doing. Eventually the bond market will show that the Fed is trapped and that will lead to a big crisis….