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Just saw a statement from Mark Spitznagel of Universa Investments. This big player, known for "black swan" hedging, says the S&P 500 could surge to 8,000 points.
You're not mistaken, 8,000 points.
But this isn't good news. Spitznagel's logic is: we are in a perfect "Goldilocks" trap — inflation has come down, interest rates are falling, and although the economy is slowing, it hasn't collapsed. This kind of environment is most likely to produce a final bubble frenzy. According to him, after this rise, the biggest bubble burst in human history will follow.
If Spitznagel's prediction comes true and the US stock market really hits 8,000 points before crashing, then are current Bitcoin and Ethereum risk assets that will crash together, or are they the final safe havens for big capital?