---
title: "False bull market and artificial intelligence deceive the market. Two fund managers warn: the collapse of the US stock market is imminent!"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/100990681.md"
description: "On Thursday, the three major US stock indexes closed lower, with both the S&P 500 and the Nasdaq falling into correction territory."
datetime: "2023-10-27T07:50:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/100990681.md)
  - [en](https://longbridge.com/en/news/100990681.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/100990681.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/100990681.md) | [English](https://longbridge.com/en/news/100990681.md)


# False bull market and artificial intelligence deceive the market. Two fund managers warn: the collapse of the US stock market is imminent!

According to the Zhongtong Finance APP, the three major US stock indexes fell collectively on Thursday, with the S&P 500 and Nasdaq both entering a correction zone. Michael Gayed, the portfolio manager of Tidal Financial, and Michael Kramer, the founder of Mott Capital Management, who have repeatedly warned investors of a market crash, have stated that the stock market crash has already arrived.

Michael Kramer said, "The situation we see in government bonds should make many people nervous. I have never seen such a situation before. I have been following this market since the mid-1990s, but I have never seen such a situation."

Michael Kramer believes that considering the Federal Reserve has raised interest rates by 5%, and every time there is an expected rate hike, the market tries to anticipate the Federal Reserve, it makes sense for US Treasury yields to be so high. When the Federal Reserve starts to "slow down the pace of rate hikes" and hints at a pause in rate hikes, the market also tries to speculate on this. The current surge in US Treasury yields may be "approaching its end", but there may still be a way to go. The S&P 500 index "doesn't seem to have fully declined" and the possibility of falling to 4,115 points cannot be ruled out.

Where should investors invest now? Michael Kramer believes that the volatility of cryptocurrencies is too high, and he insists on using money market accounts as hedging tools, keeping about 5% of funds there. Michael Kramer mentioned, "For me, this is the best hedge against volatility, providing me with liquidity and allowing me to enter and exit the market as I choose."

Michael Gayed also pointed out this week that most stocks have performed poorly, consistent with a stock market crash. US Treasury bonds have experienced a disturbing crash, indicating a credit event and a potential stock market crash. He predicts that US Treasury bonds will experience a short squeeze, and the stock market will crash.

Although the US stock market has performed well this year, Michael Gayed has repeatedly emphasized that "this is not a new bull market, but the largest bear market rebound in history." However, he said that this view has never been popular. He believes that the selling of US Treasury bonds could evolve into a corporate credit event, with credit spreads widening, consistent with what is seen in traditional credit events and stock market crashes, and defaults are imminent.

Michael Gayed said, "If I am right, people will suddenly realize that they have been deceived by artificial intelligence and the narrative of a 'bull market'. The false bull market has caused them to exit liquidity, and now it is too late."

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