StoneX' Vincent Deluard: The S&P Is Hiding a Bear Market | #655

My guest today is Vincent Deluard, Director of Global Macro Strategy at StoneX. In today’s episode, Vincent explains why he’s turning bearish on stocks after years of being a bull. He shares why tax collections are his favorite gauge of the economy, why the world is really paying $150 to $200 for oil and why Europe resembles Japan in 2012, just uglier. To close, Vincent makes the case for owning the yen, Korean won and UK stocks.