A big risk for markets is that faith in the U.S. government's competence and in the Fed's policy...

|By:, SA News Editor

A big risk for markets is that faith in the U.S. government's competence and in the Fed's policy tools is eroding, Litmus Capital's Steen Jakobsen tells CNBC: "The real crisis 2.0 is not about the new normal or whatever term is being used, the new crisis is a crisis of faith in the U.S. system."