Bill Fleckenstein Warns Stock Market Plunge Will Accelerate – Compares This Week’s Action To The 1987 Crash

Friday, August 21, 2015
By Paul Martin
Aug. 21, 2015

On the heels of global market continuing to plunge, today one of the greats in the business warned King World News that the stock market plunge will accelerate, and he also compared this week’s action to the 1987 crash.

Don’t Expect An Orderly Decline In The Stock Market

Eric King: “Bill, you’ve been warning for quite some time that we could see the stock market crash. KWN noted that you had already gotten 50 – 60% short the stock market as you had restarted your short fund. That certainly turned out to be impeccable timing on your part. We’ve started this downdraft in the markets, is there no end in sight to the decline or do we get a bounce from here?”

Bill Fleckenstein: “I have told you in the past that the stock market was crash-prone for a variety of reasons. I did not think there was going to be any way for an orderly decline to actually take place — orderly being what people who are bullish think that the decline ought to look like….

The Rest…HERE

Comments are closed.

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter