It's 1987 and the stock market's been on a tear throughout the summer.
October lazily rolls around and Ferderal Reserve Chairman Alan Greenspan boards a plane for Dallas where he's later scheduled to speak. But a urgent phone call from Washington disrupts everything as the stock market drops 565 points in one trading session, a record one-day decline.
Fasten your mind on that scenario and you'll get an idea of what Marc Faber, the noted equity world pessimist, is talking about in a recent interview.
http://blogs.marketwatch.com/thetell/2013/08/09/marc-wolf-faber-still-thinks-an-1987-style-crash-is-coming/
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