But the noted bear at least found a sense of humor on Wednesday into which he could channel his bleakness.
The publisher of the "Gloom, Boom & Doom Report" told attendees at the annual "Inside ETFs" conference that the medium-term economic outlook has become "so depressing" that he may as well fill a newly installed pool with beer instead of water.
Drinking up seems to be Dr. Doom's only answer for investors to get through this market.
- Source, CNBC