Market Cap
24h Vol
7054
Cryptocurrencies
82656
Markets
CCN
2019-04-12 08:07:35

2019 Dow Doom Will Slam Stocks, not ‘Awesome’ Bitcoin: Hedge Fund Manager

It’s a perfect storm for the U.S. economy, one that won’t end well for the Dow Jones Industrial Average. Mark Yusko, Morgan Creek Capital Management CEO and CIO, painted a grim picture for the foreseeable future, advising investors to run as fast as they could away from U.S. equities. In a webinar entitled “You Ain’t Seen Nothing Yet, Why the Equity Bear Market Is Just the Beginning,” the investment advisor rattled off a laundry list of headwinds threatening the economy and corporate America. In addition to running a global equity long/short portfolio, Morgan Creek, which reportedly boasts more than $1 The post 2019 Dow Doom Will Slam Stocks, not ‘Awesome’ Bitcoin: Hedge Fund Manager appeared first on CCN