March 22, 2012

Marc Faber: We may have huge correction within the next three months

As we know Marc Faber has been recommending for quite some time that people keep about 25% of their portfolio in equities. Yesterday the publisher of the

Gloom Boom and Doom

report stated that even though he is not completely out of the stock market he believes that we may have a huge correction coming in the next three months. So he is warning about the possibility of market losses soon.

Marc Faber is a great contrarian investor and publisher of the Gloom Boom & Doom Report. He is well known for his accurace predictions of stock market crashes and other correct calls on different investment assets.