Financial markets always move in anticipation of what is going to happen and they always overshoot to the downside and the upside. What we are in currently is the normal bear market at least in terms of scope. We are down 30%, which would be a normal bare market and we were at all-time highs just about a month ago. Every 5-6 years we should have a bear market of this type. But there's something underlying that's very different and we've never seen it before.
Listen to the entire interview with Frank Gaffney and Kevin Freeman