Marc Faber: Markets All Set for 'Serious Setback'

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Oct 10, 2012
Well-know investor and author of Gloom, Boom and Doom report again gave his dour forecast that U.S. stocks will see a 20% correction.

-- Keeping a lot of cash, he believes that a 20% correction in the U.S. stock market is round the corner and many good companies will be available at much lower valuation.

Credit and source: www.cnbc.com

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