Coronavirus is unleashing an 'economic shock wave' not felt since the 1930s, hedge fund manager Mark Yusko warns

Yusko believes it's not too late to cut losses because the market shows no signs of recovering.He estimates the fallout from the global economic shutdown to help battle the coronavirus pandemic will be counted in quarters and years — not weeks and months. Yusko's warning came on a day when the global infection rate exceeded one million.

Yusko, who has $1.7 billion in assets under management, indicated to CNBC he's short "a lot of stocks" right now. He's particularly bearish on

TradingNation Here's the deal, wall street has 4 Trillion of pension money they need to invest and want a cheaper price. Theyre colluding with CNBC to scare you out of your positions.

TradingNation AnayasaNevzat

TradingNation GurayMollaoglu

TradingNation The guy is short and wants to make money. So where should the market go? What sort of interviews you guys do?

TradingNation Not Fed$ propping up the market & bailouts to the usual suspects. It’s your life’s work tax$. Smart$ got out to nibble on the way down...as dumb$ sells this back to test lows of 2008?

TradingNation Good read.

TradingNation Yusko has been calling for a collapse in stocks for 5 years. He talks about a depression, but then advocates being long EM and Bitcoin - can’t take this idiot seriously .

TradingNation He is short on the market and wants you to sell your stocks to him at the bottom. Don’t fall for it. BillAckman

TradingNation Look at his funds Long/Short fund returns. CNBC - idea - similar to sports, Please show managers net historic returns on bottom on interview. Some of the fund managers you give a platform to don’t have good or even mediocre tract-records

TradingNation Terrible , a Big manipulation with Trump , us500 , down Jones , Will up in Asia . He play with the market , but he doesnt care about this people

TradingNation I think Ackman said something similar, before he made a fortune.

TradingNation Why are these guys so behind? It seems like they only know how to react. Don't even get me started on jimcramer

TradingNation A vaccine for Coronavirus is the priority Mark Yusko bore off

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