Marc Faber: We could see a 5% – 10% Correction in the Near Term (Updated)

by | Apr 6, 2009 | Marc Faber

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    Marc Faber on Bloomberg Television April 7, 2009 says that he sees the potential for a 5% to 10% correction the markets before seeing the rally continue into July.

    Dr. Faber also believes that the rebound potential for financial stocks such as Citigroup is quite high.

    Watch Marc Faber on Bloomberg Television April 7, 2009:


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      1. Jim Rogers Says the Rebound Cannot Last (CNBC May 11, 2009) - [...] that a pull back is imminent. Ideas on how low it may go differ, with Faber having suggested a…

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