Marc Faber : I think a correction is overdue,

INTERNATIONAL. Marc Faber the Swiss fund manager and Gloom Boom & Doom editor says the next round of quantitative easing may disappoint investors and may trigger a market correction, ultimately pushing the Fed to launch QE3, QE4, QE5 and many more QE's.

Speaking with Margaret Brennan on Bloomberg Television's "InBusiness" on Tuesday, Faber said the next round of quantitative easing will be interesting to watch as a lot of QE2 has already been discounted and may have the unintended consequence of prompting a market correction.

"Back in July- August, investors were very bearish on the market. What then happened is that September was very strong and October was a reasonably good month... and the market has gone from a low on July 1st of 1010 on the S&P, to close to 1200," he said.
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