A Nasty Bear Market Is Coming Warns Dan Ferris

60% Stock Market Crash? A Nasty Bear Market Is Coming Warns Dan Ferris - "We are in a huge equity bubble, and that is always followed by a bear market," says Dan Ferris, editor of Extreme Value and host of Stansberry Investor Hour. Ferris tells fellow colleague Daniela Cambone that part of the problem with recognizing a bear market is, "you don't know when you've entered it," so it's best, "to prepare, don't predict," he says. "The Fed is an insidious institution," Ferris says, based on its historical actions when dealing with large financial crises. Bitcoin is a potentially good store of value, but does not serve well as a currency based on its volatility, he further explains. "We are at a major inflection point, and now more than ever you need to be truly diversified," Ferris concludes. Video by Stansberry Research.