Monday, June 9, 2014

Steen Jakobsen: Expect A 30% Stock Market Correction in 2014

Steen Jakobsen is one of the few CIOs of major banks who is prepared (and allowed) to say exactly what he thinks about the state of the global economy — even when the story he tells is somewhat alarming.
In this great interview with Chris Martenson, Steen explains why he is 70% in fixed income and why he expects a 30% stock market correction before 2014 is in the books.
There’s plenty more to get your teeth into, so sit back and enjoy Steen’s take...

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