The market is headed for a $12 trillion reckoning that could accelerate the next stock crash

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Vincent Deluard, a macro strategist at INTL FCStone, explains how the swelling deficit could be detrimental to an already-vulnerable stock market.

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A $3-trillion tsunami is about to flood the stock market, warns fund managerWill Nasgovitz, who oversees $1.3 billion in assets as the chief executive of Heartland Advisors, isn’t calling for a “full blown financial crisis,” but, with trillions in corporate debt coming due in the coming years, the industry veteran’s not exactly predicting smooth sailing in the stock market, either. There's always something that starts the dominoes to fall. Public pension systems failing. How does this compare historically?
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