Critical information ahead of the U.S. market’s open
by Victor Reklaitis
Watch for the market to take a dramatic turn today, as everyone’s favorite oil cartel and bazooka-wielding Mario Draghi look set to spark swings.
Sure, that’s an easy prediction to make, after the index was basically unchanged yesterday. But we’ve got a trickier prophecy in today’s call of the day, which comes from investing legend Felix Zulauf.
“At some point within the next three to five quarters, I expect another crisis to begin, with negative implications for many traditional assets,” he says.
The renowned Switzerland-based money manager was speaking in an interview with Global Gold (an outfit that surely likes any predictions that boost haven demand for the precious metal).