Saturday , 26 September 2020


Tag Archives: October 1987 crash

Marc Faber: We Could Have a Crash Like in 1987 This Fall! Here's Why

Marc Faber has stated in an interview* on Bloomberg Television that “I think the market will have difficulties to move up strongly unless we have a massive QE3 (something Faber thinks would "definitely occur" if the S&P 500 dropped another 100 to 150 points. If it bounces back to 1,400, he said, the Fed will probably wait to see how the economy develops)..... If the market makes a new high, it will be with very few stocks pushing up and the majority of stocks having already rolled over....If it moves and makes a high above 1,422, the second half of the year could witness a crash, like in 1987.” Words: 708

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