Marc Faber : European Stocks Could Correct Up to 20%

Marc Faber : “I think European markets could easily correct 10 to 20 percent from the recent highs that we have had, but I don’t envision new lows,” Faber told CNBC Asia’s “I bought some shares in Portugal, Spain, Italy, and France, and after I bought them in the last three to four months, the market rallied strongly,” he said.