Prediction of a Stock Market Selloff

Stocks were down a bit Thursday, but the Dow still closed above the 15,000 level, and the S&P 500 is still in record territory. With the stock averages still up double digits this year, many are calling this a “Teflon market.” But Uri Landesman, president of Platinum Partners, tells NBR he isn’t one of them – he’s predicting a stock selloff starting later this month.

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