Investor who predicted the 2008 financial crisis is sounding the alarm again

Forex Short News

Investor Danny Moses si founder of founder of Moses Ventures. He bet against mortgage-backed securities before the 2008 financial crisis.

Here’s the report for some weekend reading if interested.

Comments:

  • “I think we are underestimating the impact to the economy of the cuts we’re making at the federal government, and what that might mean in terms of knock-on effects,”
  • “I think we’re hurting the revenue side of the equation,”
  • said first-quarter earnings reports will likely reveal signs of a market slowdown

  • consumer confidence already showing weakness

  • risks of economic downturn haven’t been fully priced into the markets yet.

Speaking on CNBC.

This article was written by Eamonn Sheridan at www.forexlive.com.