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.
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