Bob Elliott Rejects Crisis Fears, Cites Strength of Financial System

📺 2008 Was the Real Financial Abyss

Bob Elliott, founder and CEO of investment firm Unlimited and a veteran of macroeconomic strategy, pushed back against rising pessimism over the current economic environment, drawing a sharp distinction between today’s market anxiety and the systemic collapse witnessed during the 2008 financial crisis.

Speaking on the AInvest podcast Capital & Power , Elliott referred to a social media poll comparing the severity of today’s financial conditions with the global financial crisis, where approximately half of respondents believed the current climate was worse. “You gotta be kidding,” Elliott said. “In 2008, we stared into the abyss. There was a real question about whether every financial institution in the world—every insurance company, every bank, every broker—was broke.”

While Elliott acknowledged that financial markets may still face poor real returns on bonds and strong dollar headwinds, he expressed confidence that systemic meltdown is not among the probable outcomes. "The crazy doomers that say, ‘The world is coming to an end,’ I got no time for that.”

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