Billionaire Investor Who Predicted 2000, 2008 Crashes Says Market Euphoria Will Top Soon, Warns Of 'Black Swan Event'Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
After a crash last month, the market surged to new highs, but Spitznagel warns this euphoria won't last in an interview with Bloomberg.
What Is A Black Swan Event: A black swan event is an unpredictable event that leads to market volatility.
The COVID-19 market crash is a recent example of a black swan event.
This article Billionaire Investor Who Predicted 2000, 2008 Crashes Says Market Euphoria Will Top Soon, Warns Of 'Black Swan Event' originally appeared on Benzinga.com..
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