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Thursday, February 14, 2013
Marc Faber: We Could See a 1987-Like Market Crash
The Gloom, Boom & Doom' report editor Marc Faber gives his outlook for the markets."Either the market is going to correct more meaningfully now or we have a shallow correction and a continuously rising market until July or August,". If stocks don't pullback soon, he says we risk a repeat of 1987 when stocks rallied 40% into summer only to collapse 41% in 2 months.