×

Markets are 'Revolting Against' Insanity: CEO Mark Fisher

The markets are "finally just revolting against all this insanity" and forcing us to come to grips with the reality of our debt crisis, Social Security, health care and all the problems with the European countries, Mark Fisher, oil and natural gas trader and CEO of MBF Clearing, told CNBC Friday.

"The anxiety level is at such a high that people, it doesn't matter whether we are or not [going into a recession], it's the perception of where we are," Fisher said.

"The perception has changed so much in the past month watching the circus [in Congress] go on that people are just fed up, and I think that you see that people are just scared about where our future is going," he explained.

The safest place to put your money is in necessities such as energy and food, added Fisher. "If you stick with the things that people just need, in the long run you're going to be okay."

Follow Strategy Session on Twitter: @CNBCStrategy


Watch CNBC's "The Strategy Session" weekdays at Noon ET.