Prof. Didier Sornette assesses the current market correction on CNN Money Switzerland

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Stock markets around the world are falling but SIMAG’s consultant and member of the BoD Professor Didier Sornette is holding his nerve.

The ETH Zurich Professor and Director of the Financial Crisis Observatory tells Amanda Kayne that he is happy to see asset prices coming down to a more normal level. He began receiving strong warnings as early as last summer that market acceleration was becoming exuberant. Didier Sornette says he expects further falls and goes on to describe Bitcoin as a “massive bubble”.

Watch the full video here