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Why does that matter?

First, I would imagine that in a fragile market any major piece of bad news could trigger the necessary panic (the Credit Suisse hedge fund story would have been a prime candidate), but it seems impossible to know in advance which one.

Then, I would have thought that if you are wondering what to do with your money the more important thing would be a rough sense of timing (or market level) for the crash and a sense of what assets will do well in the aftermath.

According to David Hunter that level is SP > 4700, which he reckons will be reached in the next few months and in the aftermath equity will perform poorly and commodities will do great.

By the way, if anyone has reasons to believe this is full of shit I'd love to hear them. I'm certainly no financial expert.



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