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'The Next Bankruptcy Wave is Just Starting'

Stansberry Investor Hour

CHAPTER

The Prediction of a Single Day With the S&P 500 Down Nearly 20% or More

I was hearing about what do you think the recession is going to be from people who are not in stocks or in the market for a year ago. So, I do think there's something to that self-fulfilling prophecy. The difference is that between recessions that are like tied to severe financial disasters, those ones tend to be pretty bad and worse than your average naturally occurring so-called recessions and cycles. And then we're finally going to get that my annual prediction of a single day with the S&P 500 down nearly 20%. That's when that could happen.

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