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CanadianValue
CanadianValue
Articles (4601) 

Marc Faber Thinks the Stock Market Will Plummet 20% Next Year

November 13, 2012 | About:

He doesn’t think markets are going down because of Greece or the fiscal cliff (which he thinks will be avoided), he thinks the market will go down because corporate profits are going down and economies are going to weaken.

Someone please, hold him accountable for this prediction one year from now. He may very well be correct, but he sure makes a lot of predictions.







About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 3.0/5 (7 votes)

Comments

sapporosteve
Sapporosteve premium member - 3 years ago
This guy is full of it....his prediction success (according to a website that tracks him and others) is less than 50%.

He is simply a mouthpiece and promoter.

Want a controversial comment? Betta get Faber in....

Ithought he said this same thing a few weeks ago...but then he said it was going down 20% soon...

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