This man is described as an "independent market trader" in the attached article. His twitter profile (
http://twitter.com/#!/alessiorastani ) describes him as a "Keynote speaker" and a "Mentor and dedicated to helping others succeed". That doesn't exactly inspire much confidence. In fact, it is pretty obvious that he has set out to make a name for himself through this controversy.
Furthermore, he has obviously bet heavily on a near-term market crash. He's now financially and emotionally invested in a market crash, so of course he will be confident that it's going to happen. And if his doomsday video circulates the internet and makes a dent, however tiny, in investor sentiment then he has also effectively pushed the market (in a very tiny way) toward his goal.
Take a look at one of his recent tweets: "I've been waiting for this stock market crash for 3 years. #finance #economy"
The world economy is in trouble, no doubt, but let's remain reasonable and rational here. Spend enough time around financial types, and you can always find a doomsayer like this man in any sort of economy.
Furthermore, he has obviously bet heavily on a near-term market crash. He's now financially and emotionally invested in a market crash, so of course he will be confident that it's going to happen. And if his doomsday video circulates the internet and makes a dent, however tiny, in investor sentiment then he has also effectively pushed the market (in a very tiny way) toward his goal.
Take a look at one of his recent tweets: "I've been waiting for this stock market crash for 3 years. #finance #economy"
The world economy is in trouble, no doubt, but let's remain reasonable and rational here. Spend enough time around financial types, and you can always find a doomsayer like this man in any sort of economy.