Episode 286 • • 1:33:42 - 1:36:21
286: Wonton Violence
Charles Nenner, Dow 5000 Prediction, War Cycles
Former Goldman Sachs analyst Charles Nenner predicts the Dow Jones will drop to 5,000. He bases his bearish outlook on "war cycles," suggesting a major global conflict will begin between late 2012 and 2013. The hosts discuss the risks of using triple-leveraged ETFs to bet on this crash.