Fleckenstein – U.S. Stocks To Crash As No Liquidity Fuels Panic
KingWorldNews.com
August 15, 2014
With many global stock markets in retreat, today Bill Fleckenstein warned King World News that the U.S. stock market is going to crash and the panic will be fueled by the fact that there will be no liquidity on the way down. Below is what Bill Fleckenstein, President of Fleckenstein Capital, had to say in this powerful interview.
Fleckenstein: “There’s no chance that the outcome in the financial markets in America is a pleasant one because we’ve gotten here because of the printed money. And so either we have a boatload of inflation and at some point the bond market really gets wrecked and the Fed’s credibility is undermined and we do something about them….
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