Markets To Face 25-50% Correction: Analysts Tell CNBC

Talking with CNBC, Bill Spiropoulos, chief executive of CoreStates Capital Advisors, said that markets are likely to be troublesome in the short-term.

Spiropoulos said that earlier he was speculating about 5-10% correction, however now it seems like that correction would be near 10%. At the same time, he advised investors to invest and not to sit on cash.

Dan Deighan, founder of Deighan Financial Advisors, said that he sees the potential upside of 6-10 percent in the short term. However, in the long term, he warned of a correction as high as 25-50 percent. He said that there are signs of bond bubble and that the bond yield curve is increasingly getting steeper.