{"id":566831,"date":"2010-05-17T13:22:00","date_gmt":"2010-05-17T17:22:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/david-hefty-dow-5000-2010-5"},"modified":"2010-05-17T13:22:00","modified_gmt":"2010-05-17T17:22:00","slug":"david-hefty-is-back-warning-that-if-a-few-hedge-funds-get-margin-calls-the-dow-is-headed-to-5000","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/566831","title":{"rendered":"David Hefty is Back, Warning That If A Few Hedge Funds Get Margin Calls, The Dow Is Headed To 5,000"},"content":{"rendered":"<p>David Hefty may be the hottest uber-bear on the planet right now.<\/p>\n<p>The<a href=\"http:\/\/www.cornerstonewealthmgt.com\/our_team\/\"> CEO of Cornerstone Wealth Management<\/a> obviously scored off-the-dials ratings when he <a href=\"http:\/\/www.businessinsider.com\/cornerstones-david-hefty-2010-5\">appeared on CNBC last week<\/a>, so they invited him back to explain why the Dow is headed to 5,000.<\/p>\n<p>His reasoning?<\/p>\n<p>There&#8217;s $17 trillion worth of leverage in the financial system, and if just a few hedge funds get margin calls, the whole thing will come tumbling down.<\/p>\n<p>\n<object width=\"480\" height=\"385\"><param name=\"movie\" value=\"http:\/\/www.youtube.com\/v\/QPW_ZXs_r_g&amp;hl=en_US&amp;fs=1&amp;\" \/><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><embed type=\"application\/x-shockwave-flash\" width=\"480\" height=\"385\" src=\"http:\/\/www.youtube.com\/v\/QPW_ZXs_r_g&amp;hl=en_US&amp;fs=1&amp;\" allowscriptaccess=\"always\" allowfullscreen=\"true\"><\/embed><\/object>\n<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/david-hefty-dow-5000-2010-5#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/pkIHbdImQzk\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>David Hefty may be the hottest uber-bear on the planet right now. The CEO of Cornerstone Wealth Management obviously scored off-the-dials ratings when he appeared on CNBC last week, so they invited him back to explain why the Dow is headed to 5,000. His reasoning? There&#8217;s $17 trillion worth of leverage in the financial system, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-566831","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/566831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=566831"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/566831\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=566831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=566831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=566831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}