'There is no natural limit to the stupidity of Wall Street': A notorious market bear breaks down why we're not witnessing a recovery — and warns that extreme valuations suggest a 66% drop
. And as the stock market has continued to grind mostly higher, he's persisted with his calls, undeterred.
Predicted in March 2000 that tech stocks would plunge 83%, then the tech-heavy Nasdaq 100 index lost an "improbably precise" 83% during a period from 2000 to 2002.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Inside a $40 million estate on Miami's celebrity-studded Star Island - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »
5 things to know before the stock market opens FridayU.S. stock futures jumped on Friday, indicating a partial recovery from the market's massive drop in the previous session.
Read more »
Latest News - MarketWatchGet the latest stock market, financial and business news from MarketWatch.
Read more »
How each S&P 500 sector has performed since March stock market bottom - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Read more »