Tag: Swan

‘Black Swan’ fund manager Mark Spitznagel expects the stock market to rally further before we hit the ‘worst crash since 1929.’ He explains how investors should think about their portfolios to survive the next few years.

Investor Mark Spitznagel says expect further euphoria in the stock market before it tanks. Spitznagel’s firm, Universa Investments, profits from market crashes via tail-risk hedging. He says investors should avoid chasing the market or making decisions based on short-term Fed moves. What goes up must come down, including the stock market. Investors don’t seem to […]

‘Black Swan’ author Nassim Taleb, who correctly called the 2008 financial crisis, says the U.S. is in a ‘death spiral’ over government debt

It’s been dubbed the “most predictable crisis” facing the U.S. economy, but an expert has warned it will take a “miracle” to save America from its national debt problem. Nassim Nicholas Taleb, the author of best-selling book The Black Swan, correctly predicted the 2008 financial crash but said “gloomy” times ahead for the U.S. economy […]