Marc Faber : The S&P 500 to go down 20 percent

Marc Faber : "I think here we’re going to go down 20 percent from the recent top at 1,470. The technical position of the market is poor and the corporate earnings are worsening. And I believe that if the statistics were precise – which they aren’t – (…) I think there’s hardly any growth," Faber told CNBC’s “Squawk Box.”  Watch full interview here >>>>>>