Faber Sees ’87-Type Crash If U.S. Stocks Rise Without QE3

U.S. stocks may plunge in the second half of the year “like in 1987” if the Standard & Poor’s 500 Index climbs without further stimulus from the Federal Reserve, said Marc Faber, whose prediction of a February selloff in global equities never materialized.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.