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Marc Faber Says Stock Market Could Fall by a Further 15%

Stock-Markets / Stocks Bear Market May 25, 2010 - 03:40 AM GMT

By: Videos

Stock-Markets

Best Financial Markets Analysis ArticleMarc Faber, publisher of the Gloom, Boom & Doom reports, talks with Bloomberg's Tom Keene and Ken Prewitt about the outlook for U.S. stocks.

Faber says global stocks are in a "correction period" and believes the Standard & Poor's 500 Index could decline another 10-15 percent. He also discusses the violence in Thailand.


Though many people may recall that he also forecast that the stock market topped in Septmeber 2009

i.e. - Marc Faber Says Stocks Have Likely Peaked for 2009 (Bloomberg 25th Sept 09)


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Comments

Anand Kumar
26 May 10, 05:51
15% UP

The day Marc Faber & Nouriel Roubini says 15% down, stock market starts to move up. This I am observing for the last 2-3 years.


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