Thursday, October 4, 2018

Even Wall Street Cheerleader Confesses—-Epic Meltdown Ahead

ORIGINAL LINK

Wall Street veteran Sam Stovall is warning stock investors the longest bull market on record will end with an epic meltdown. According to the CFRA chief investment strategist, it’s a side effect of an unprecedented business cycle.

“Three conditions: Very long, very high, very expensive,” Stovall said Tuesday on CNBC’s “Futures Now.” “History would imply that be careful because now we’re likely to fall into a very deep bear market when it does finally hit with the average decline being close to 40 percent plus.”

 

https://www.cnbc.com/2018/10/03/these-3-conditions-imply-stocks-will-fall-40percent-plus-in-next-bear-market.html



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