Bill Fleckenstein: S&P Could Fall 25 to 30 Percent
Bill Fleckenstein says that when stocks do finally decline, they could drop by 30 percent. With CNBC’s Jackie DeAngelis and the Futures Now Traders.
“The [price-to-earnings ratio] is 16, 17 times earnings,” Fleckenstein said on Tuesday’s episode of “Futures Now.” “Why would you pay 16 times for an