Didn’t know Tice used to read here.
Believe it or not there was another guest on CNBS yesterday named Abigail Doolittle who also said the SM could drop 30-60%. Hard to see a 30% correction when we haven’t had a 10% correction in over 3 years.
I’ll say this, world bond markets seem to be saying trouble is on the horizon. 10 yr. @ 2.34% and falling.