Breaking News from Moneynews.com
Wednesday, 3 March 2010
U.S. stocks may drop 20 percent if they top their January highs, says investment guru Mark Faber. “I’m not sure we will make a new high,” Faber, editor of "The Gloom, Boom & Doom Report," told Bloomberg. “But if we do, I don’t think it will be that far – maybe 1,200 – and then I wouldn’t rule out a correction of at least 20 percent.”
Posted by Britannia Radio at 22:27