60% Crash Of Stocks?

Stock markets could be heading for a "scary" crash that may wipe up to 60pc off the value of the world's leading companies, an analyst has warned.
Just a day after Amercia's S&P 500 index closed above 2,000 for the first time, Abigail Doolittle, founder of Peak Theories Research, said the Federal Reserve's reluctance to raise interest rates from record lows could spark a market correction to rival the slump seen in 2007, during the global recession.