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Why this fund manager is preparing for a massive market crash – Motley Fool Australia
Could we see another ASX market crash in 2020? This fund manager is betting on it, so what should share market investors do today?
Is another massive market crash coming?
The S&P/ASX 200 Index (ASX: XJO) had another positive day, closing the day up 0.32% to 6,094 points. Since bottoming out on 23 March at 4,546 points, the ASX 200 is now up by 34%. It’s an incredible bull run, considering March brought us one of the sharpest and most severe bear markets in living memory. Despite its recent performance, the ASX 200 is still 9% below the level it was at the start of the year.
But one fund manager is betting that what he…
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