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Marc Faber :
I think here we’re going to go down 20 percent from the recent top at 1,470. The technical position of the market is poor and the corporate earnings are worsening. And I believe that if the statistics were precise – which they aren’t – (…) I think there’s hardly any growth. – in CNBC
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
2012-10-22 13:40:17
Source: http://faber-blog.blogspot.com/2012/10/us-stocks-are-going-to-go-down-20.html