Kevin Duffy of Bearing Asset Management thinks we are facing another major bear market.

Kevin Duffy thinks that this 8 year bull market has been one of the most anemic recoveries since World War II. Also, valuations are very stretched. Duffy thinks we are in a stimulus bubble.

The Tech Bubble was very narrow. The Credit Bubble was a bit more broader as it was focused on housing. This Stimulus Bubble we are in now is a very broad based bubble.

There is a tremendous amount of leverage in the system with margin debt hitting all-time highs.

Kevin Duffy lays out a powerful case for why we need to be defensive and on the alert for a stock market crash.

Kevin Duffy Profiting from this Impending Stock Market Decline

Trading The News: Stock Market Bubble In The News