Monday, October 1, 2012

100 percent chance of a recession

Marc Faber says there's a 100 percent chance of a global recession and that stocks could suffer a big sell off.
And he is bearish about  all assets near term I think we’re entering a correction time where there will be some disappointments, where stock markets, from the recent times can easily drop 20%.

Marc Faber is a famous contrarian investor and the publisher of the Gloom Boom & Doom Report newsletter.