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‘Absolutely incomprehensible’: A $2 billion hedge fund chief explains why investors may soon have to grapple with an across-the-board wipeout — and says a Great Depression-like meltdown isn’t out of the question

October 3, 2020 Darnetta Mahaffy 0

Summary List Placement “Could we get a repeat of 1930, 31? Yup, I think we could.” That’s what Mark Yusko, the CEO and chief investment officer at Morgan Creek Capital Management, said in a recent webinar, comparing today’s stock market environment to that of the Great Depression. For the uninitiated, the 1930-1931 time period that…