Is a 50% Market Decline Possible?

Is a 50% Market Decline Possible?:

"Before we get stuck into today's Daily Reckoning, just a reminder to watch out for a special report from Gowdie Family Wealth editor Vern Gowdie tomorrow. Vern makes some pretty big claims. We won't go into it here, but if you think we're bearish, check out Vern's well-reasoned analysis for a comparison.

Not that we've gone soft or anything. In fact, we're just putting the finishing touches to our latest issue, wherein we make the case that a 50% fall in the S&P500 is not only possible over the next few years, it's entirely probable.

That may sound extreme, but it's happened plenty of times before. It happened after the 2000 tech bubble and after the 2007 US housing bubble. It also happened after the long post-Second World War boom ended in the late 1960s."

'via Blog this'