Marc Faber is Looking for a 20% Correction in Equities

By on October 9, 2009

I try to keep up with the forecasts of Marc Faber since he’s always interesting to listen to and is frequently right about the direction of the markets, but I missed his latest call for a 20% correction in the stock market two weeks ago. Apparently Faber believes there will be renewed deflation fears. The market has been up slightly on balance over the past couple of weeks so it better weaken soon or Faber will be wrong on this one.

Source:

http://www.cxoadvisory.com/gurus/Faber/

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