'Black Swan' Investor Mark Spitznagel Says the Crash of a Lifetime Is Coming After One More 'Euphoric Rally'

'Black Swan' investor Mark Spitznagel predicts AI boom ends with crash of a lifetime

Universa Investments' Mark Spitznagel told BI that he expects one more "euphoric rally" followed by a "bigger crash than we've seen in our lifetime."

Mark Spitznagel Says Stocks Will Melt Up Past 8,000 Before a 1929-Style Crash

Mark Spitznagel, the Universa Investments founder who called the 2000 and 2008 crashes, says the S&P 500 has one more euphoric rally left in it before an 80% crash he compares to 1929. He expects the index to top 8,000 first, with the collapse arriving in the months ahead.

Black Swan Investor Warns AI Rally Will End in Crash

Mark Spitznagel is warning that the artificial intelligence boom could end in the largest market collapse of his lifetime, but the Universa Investments founder is making a less conventional call before that happens: he thinks risk assets may first stage another major rally. Spitznagel told Business Insider that he agrees with Michael Burry’s concerns over excessive investment […] The post Black Swan Investor Warns AI Rally Will End in Crash appe…

'Black Swan' investor Mark Spitznagel says the crash of a lifetime is coming after one more 'euphoric rally'

Mark Spitznagel is the head of Universa Investments. Bloomberg/Getty Images "Black Swan" investor Mark Spitznagel sees the AI boom reaching new heights before collapsing. The Universa Investments chief anticipates a "euphoric rally" before the crash of a lifetime. He spoke about how difficult it…