Audrey Deschenes
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Expect an ‘avalanche’ of selling when this market breaks, says Marc Faber

But “Dr Doom” says don’t blame Trump if stocks start to sell off


The apocalypse is coming for this stock market and when it does, the selling will resemble an “avalanche.”

That’s the latest dire prediction of Dr Doom, aka Marc Faber, the editor of “The Gloom, Boom & Doom report,” who advised investors to put less in U.S. stocks on Monday.

“Very simply, the market starts to go down. As it goes down, it will start triggering selling, and then it will be like an avalanche,” said the notoriously bearish Faber, speaking on CNBC’s “Futures Now.”

Faber was already predicting as far back as August 2016 that the S&P 500 would crash 50%. That’s even as he said in September that “extreme money-printing” could push the Dow industrials as high as 100,000.

via