Veteran hedge fund manager issues grim warning over the future of the US stock market: 'This is a stark red flag'

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Veteran hedge fund manager issues grim warning over the future of the US stock market: 'This is a stark red flag'

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This month's stark stock market swing serves as an indicator of things soon to come, warns one veteran hedge fund operator. Mark Spitznagel, president and chief investment officer of Universa Investments, made the prediction in an interview with Fortune, almost two weeks after the scare. At the time, markets from Japan to the US fell without warning, following a weak jobs report surging volatility amid conflict in the Middle East.
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