Billionaire hedge fund manager Marc Lasry predicted that a Democratic takeover on Capitol Hill in the midterm elections could spark stock-market chaos.

"If Congress shifts, you'll have more investigations. You'll have more issues," Lasry, a billionaire investor and longtime supporter of Hillary Clinton, told CNBC.

“And from a business standpoint, I think people will then step back," said the co-founder of Avenue Capital, a distressed asset specialist with about $9.6 billion in assets under management, according to CNBC.

Lasry said President Donald Trump has so far been beneficial to American business and the economy.

"Congress today, they seem to be supporting pretty much anything President Trump does," Lasry said at the CNBC and Institutional Investor Delivering Alpha conference in New York City. "You could argue it back and forth — but for business, it's good."

Lasry isn't alone in his warnings.

Newsmax Finance Insider Peter Reagan has also warned investors to prepare for the end of the current bull market.

"The U.S. also has economic problems to contend with, namely an imminent recession of its own. Some globalists have even provided their own dire warnings," he recently wrote.

As with all “good” things, the bull market that’s been chugging along since the 2008/2009 recession looks to be coming to an end, Reagan said.

And signs in 2018 seem to be signaling the beginning of that end, he said.

According to a feature in Barron’s, 2020 could be the year the economy goes off a cliff:

• For one, the economy has been juiced by the tax cuts and fiscal-spending package that Congress passed at the end of 2017—a stimulus that should last another year or so. Just as its effects are fading, the Fed will be continuing to push interest rates higher and shrinking its $4 trillion balance sheet.
• Put them together and you have a drag big enough to slow the economy, while stamping a bright expiration date on the bull market: 2020.
• And it isn’t just permabears who are gloomy of late. Ben Bernanke, the former chairman of the Federal Reserve, recently said that after two years of stimulus, “in 2020, Wile E. Coyote is going to go off the cliff and is going to look down.”

"The current bull market has been extraordinarily long at 3,400 days and is the second longest on record since the 1987-2000 bull market," Reagan wrote.

(Newsmax wire services contributed to this report).

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