I would agree on the aspect that there will be people like him preaching all the doom and gloom stuff, but some of the things he says about the banks taking preventive measures, sound alarming to me. If those are true, then we may see a bear market very soon.
Just based on the SPX chart, if it hits 1900+, Its gonna have a 200-300 point dip soon.
All my iHub posts are just my opinion. It is not a recommendation to buy or sell a stock. Due to possible human error, I can not guarantee the accuracy of the posted information. Do your own Due Diligence before investing.