Bill Fleckenstein: Bulls May Find Themselves "Up To Their Neck In Alligators" Soon

You'd have to be crazy to ignore today's market risk

For a long time now, passive capital inflows have powered equities higher, especially the Magnificent 7, as a tremendous percent of every new dollar that flows into the market goes into these seven stocks.

But some of these once-bulletproof companies are now starting to struggle.

And those passive capital inflows? There are emerging signs they may be stalling, perhaps even starting to reverse.

If true, could that take asset prices down just as powerfully as it drove them higher?

To help us find out, as investors have a lot riding on the answer, we have the good fortune of speaking with investor and analyst Bill Fleckenstein of Fleckenstein Capital.

He thinks that, while the current exuberance could last for a bit longer, you’d have to be crazy to ignore the high degree of correction risk in today’s market.

For his reasons why, and how he’s positioning his assets, click here or on the image below:

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