Wednesday 3 March 2010

Moneynews

Breaking News from Moneynews.com


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.”

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