“I think a crash is still two years away… but I think a decent correction is two months away,” Keating added.

When asked to quantify how much of a market correction investors should expect in the final quarter of 2017, he replied, “Call it 10 percent.”

In contrast to Keating’s projections, the closely watched Wharton finance professor, Jeremy Siegel, told CNBC last month that he could see plenty of reasons for the market to keep on rallying.

The perennial bull pointed to better-than-expected earnings and global growth as reasons for investors to remain optimistic.

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