Stocks could plunge 50% in the next year or two: Blodget

As regular Daily Ticker viewers will know, I have recently become concerned about the possibility of a stock-market crash — or, at the very least, a long period of crappy stock returns.

Importantly, I'm not predicting a crash, but I think the odds of one are increasing. And I am holding onto my own stocks only because I have a balanced portfolio and a long-enough investment horizon that I am comfortable with the possibility of stocks plunging, say, 50%, over the next year or two.

Of course, stocks have done so well over the past five years that almost everyone is bullish these days, so whenever I talk about the possibility of a market crash, people cackle with laughter or dismiss me as a hater, short seller, or moron.  (more)

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