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A Lot of ‘Negative Surprises’ Will Hit The Markets in Coming Months, Hedge-fund Veteran Mark Yusko Says

A Lot of ‘Negative Surprises’ Will Hit The Markets in Coming Months, Hedge-fund Veteran Mark Yusko Says
CNBC posted on Thu 14 Feb 2019 Permalink Print
Morgan Creek Capital CEO Mark Yusko, who has a bearish outlook for the year, told CNBC on Wednesday that the market is a rubber ball bouncing down the stairs toward a “bad place.”

While each of the major U.S. indexes has gained about 10 percent year to date, the hedge-fund veteran foresees bad news on a number of fronts, including economic, earnings, revenue and corporate layoffs.

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