Consumer Maxed Out, Goldilocks Fading, 30% Stock Correction Coming

Steen Jakobsen, the often-bearish chief economist at Danish investment house Saxo Bank, cited several factors including growing credit loans, a widening fiscal deficit in the U.S., doubts over infrastructure spending plans and a potential trade war.

 

https://www.cnbc.com/2018/03/27/economist-fears-a-30-percent-stock-market-correction-with-consumer-spending-maxed-out.html