Marc Faber News Blog Investments and Trading Ideas - A Tracking Blog About Dr. Gloom Boom & Doom Marc Faber , Daily Tracking of Dr. Marc Faber Investment Strategy , Market analysis , Outlook & Media appearances
Monday, January 13, 2014
US Stocks: We Are Going To Go Down 20 Percent
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
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.