Marc Faber Says Stock Market Could Fall by a Further 15%
Stock-Markets / Stocks Bear Market May 25, 2010 - 03:40 AM GMTBy: Videos
Marc 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)
© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.
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. |
