“Credit markets are in complete catastrophe…The equity market has been like a boiled frog…”
This man has a vested interest in talking down stocks as it means more money for his fund. I’d much rather listen to a Roubini as my bear of choice.
Tice called for a 3000 level DOW in 2002, its now 13000 ( AND WAS 7000 OR SO WHEN HE MADE The call)