News Summary

• Danish economist Henrik Zeberg says the US economy and stock market are headed for a blow-off top.
• He says the Nasdaq 100 could soar as high as 39,000 by late 2026, before plummeting back to 10,600.
• A decline of that magnitude would mark a 72% crash from the peak Zeberg predicts, and would be on par with the dot-com crash.
• Zeberg said he drew much of his thesis from an economic model he created, which analyzes the state of the economy and finds parallels with past cycles.