The market is headed for a ‘tinderbox-timebomb’ that will be worse than the 1929 crash, Black Swan fund manager says


Brace for a recession and stock market crash akin to 1929, Universa Investments warned in a client note. The hedge fund is advised by author and market expert Nassim Taleb. The fund has long-predicted a financial crash, and warned that rising debt levels posed a “timebomb”. Get ready for a “tinderbox timebomb” that will be…

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