S&P 500 will peak around 1,900 to 1,950 then drop 30%

 

S&P 500 will peak around 1,900 to 1,950 then drop 30%: Saxo Bank strategist

 

And if investors only have the potential of around 5% upside from here, Jakobsen says it may be worth backing out of equities starting now. “Take out the money you earned over the last year and if you want to invest it right now, put it in U.S. and German bonds,” he says.

 

http://blogs.marketwatch.com/thetell/2014/04/03/sp-500-will-peak-around-1900-to-1950-then-drop-30-saxo-bank-strategist/