A ‘shocking, spectacular and disorderly’ market crash looms, investor warns
“As an investor who navigated the historic bubble in Japan decades ago, Parlin said that he’s “experiencing déjà vu” in the current top-heavy climate. ‘Back then, anything with a whiff of exposure to real estate was at the centre of speculation,’ he explained. ‘Now, the hottest sectors in America are nearly all disruptive technologies.'”
USAGOLD note: Andrew Parlin navigated the stock bubble in Japan decades ago and sees similarities in the current U.S. market. He also caught the attention of Society Generale’s Albert Edwards with his analysis originally published in Financial Times. Two good reasons to pass along MarketWatch’s review of the FT op-ed at the link above.
Repost from 9-8-2020