Need to Know: Stock bear who predicted last recession says this is how investors can get ready for the next

“If there is going to be a selloff then it is the yanks who will do it.”

So says Simon Denham, chief risk officer at fintech firm TigerWit, commenting to clients a day after the S&P 500 took positive economic data and used it to fuel a run to the highest close since November, after months of being rebuffed at the 2,800 level.

Those with weak constitutions about this stock market are probably not stateside, says London-based Denham, who adds that he’s lost track of the times Wall Street looked destined for a gloomy session in the Europe and Asia market hours, only to have New York come in and reverse the situation.

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