A stock market crash will hit again, and it could well be in 2016 regardless of who is elected president, says MarketWatch columnist Paul Farrell.

"Hillary [Clinton]? Jeb [Bush]? Chris [Christie]? Doesn’t matter," he writes. "Markets don’t care who wins. Big crashes happen, about every eight years. Everybody knows it."

Federal Reserve stimulus was the most important cause of the 2000 and 2008 stock market crashes, Farrell says. And now the Fed has eased big-time again.

Editor’s Note: New Warning - Stocks on Verge of Major Collapse

"The Fed kept the bull roaring," Farrell writes. "Fed chairs since Greenspan took charge. Their egos inflated. They got arrogant, screwed up the game, kept flooding the markets with cheap paper money."

So what will the result be? "The game is destined to end in a new big bang, bigger than 2000 and 2008 combined," he says.

"How big a drop? Truth is, nobody really knows. . . . We know it’ll be trillions again. But right now, nobody cares."

Meanwhile, Marc Faber, publisher of the Gloom, Boom & Doom Report, who for months predicted a stock-market plunge, has now changed his tune, at least slightly.

He told CNBC that stocks already have begun to bounce back from a "fully oversold" position.

"We had a significant correction in many shares. And as of Thursday night's close, the markets on a very short-term basis were extremely oversold, with only 20 percent of shares above their 50-day moving average," Faber said.

The S&P 500 closed Thursday at 1,909.57, down 4.1 percent from its July 24 record high. The index ended Monday at 1936.92.

Editor’s Note: New Warning - Stocks on Verge of Major Collapse

Related Articles:

• MarketWatch's Arends: Stocks May Be Most Overvalued in History
• Yahoo's Santoli: Battling the Last Economic Crisis Is No Help for the Next One