Stocks Are Now Set To Experience A Massive 22% Plunge
October 3, 2013
On the heels of continued weakness in global stock markets, today top Citi analyst Tom Fitzpatrick sent King World news a powerful chart that showed that stocks are ready to see a massive 22% plunge. Below is the timely Fitzpatrick commentary, along with the chart which illustrates stocks are set to crater.
Here is what Fitzpatrick had to say, along with his key chart: “Looking at the equity market and some of the background dynamics we cannot help but be reminded of 2011. Having said that, there are also some aspects of what we saw in 1998 and some similarities with 2000 that are worth noting….