“Mr. Spitznagel has gained credibility in the investment world by predicting two market routs in the past decade, first in 2000 and then in 2008….

Mr. Spitznagel said, and when the Federal Reserve stops its quantitative easing program of buying Treasuries, the market will have to readjust…

Stanley Druckenmiller, a former strategist for George Soros and founder of Duquesne Capital Management, recently told Bloomberg TV that when the Fed begins to taper back its quantitative easing program, he expects the market will go down….

The Fed can keep spending as long as inflation stays low, hoping that eventually there will be a strong economic rebound.”

My strategy is when inflation is high enough Fed will stop spending/taper and ‘readjustment’ will be big.