Marc Faber: Stocks Will Drop '30 to 40 Percent at Minimum' as Bubble Bursts:
With
the S&P 500 index hovering less than 2 percent below its record
high, many market participants are calling for a correction of about 10
percent. Marc Faber, editor of The Gloom, Boom & Doom Report, is
calling for a little more than that.
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