David Edwards predicts 10% sell-off for US stocks

David Edwards was recently interviewed by Kathleen Hays on Bloomberg Radio. 

Edwards commented that "he expected US stocks to sell-off 10% in the next 6 months," and that he would use the opportunity to reduce bond holdings and add to stock holdings. 

He would not sell stocks in anticipation, because, as was seen in April-August 2010, the 10% sell-off was followed by a 20% rally.  Hear excerpts from the interview: 

Part One Part Two.