Larry McDonald On The Numerous Uncertainties In The Market Right Now

With the debt ceiling debate going nowhere, selective default in Greece, and unsettling news from Japan to the Middle East, markets have proved notoriously skittish over the last few weeks.

Larry McDonald, president and founder of the McDonald Advisory Group and author of the New York Times bestseller A Colossal Failure of Common Sense – the Inside Story of the Collapse of Lehman Brothers, enumerates the uncertainties that are putting global markets at risk right now — and why they could go from bad to worse virtually overnight.

Then he tells us how his friend — and super-successful hedge fund investor — David Tepper is probably analysing this mountain of doubts, and explains why Tepper thinks three major shocks may just prove more than the markets can handle.


Produced By: Kamelia Angelova and Simone Foxman

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