In his recent publication, Laurence Kotlikoff
, a William Fairfield Warren Professor at Boston University, predicted that the stock market is about to crash and recommended his readers to sell their stocks and long-term bonds for the time being.
Kotlikoff starts his explanation by saying that we are currently in a bubble and then he explains why it is going to burst:
"What could be the “new news” that crashes today’s stock market? How about a trade war, an international boycott of U.S. goods, or an international boycott on travel to the U.S. Since 41 million — one in five — U.S. jobs depend on foreign trade, any of these could burst the stock bubble."
Read the entire article, here
Do you agree with Mr. Kotlikoff? What would you wish will happen?