Equities will disappoint over the next 3 Months

Correction to be more severe than predicted , The Rate of gains in equities has diminished

Marc Faber : I don't think one should look only at indexes ,but very clearly a lot of stocks are today no higher than hen they were in May, like the oil shares , resource stocks are by in large down from the peak in May June of this year.

So, some correction has been under way already and also in global markets we had corrections like China is now down almost 20% from the peak and is no higher than in June.

So I think after this huge run up in stock prices we had between March 06 which is the low for the S&P 500 and June, since then the market has continued to go up, because the big move was between March and June 43 % and after that we just went up 7%

And also I would like to point out that the Euro has been trading in a very narrow range against the US dollar, since June we are at the same level around 1.4300. And I believe in the next 10 days to 2 weeks, we will have big moves in the markets and I wouldn't be surprised if the dollar strengthened and equity markets would correct and possibly quite meaningfully so.
...We had a tremendous rally in equities from the march low to around June 15 and after that equity markets continue to go up but at much slower rate , in other words between march and June in the US we went up by 43% and since then we were up 7%...Via NDTV watch the Interview here
Dr. Marc Faber is an icon in the world of investments, Dr. Faber's typically controversial and contrarian views have earned him the label of Dr. Doom .Dr. Doom also trades currencies and commodity futures like Gold Natural Gas and Crude Oil.Even his harshest critics must admit that he's been unerringly correct in his market forecasts over the past three decades.