"Marc Faber : We have had a powerful rally since the beginning of the year. Some markets have gone up by 100% or so. A correction right now is a normal part of the cycle. Stocks didn’t necessarily go up because of an improvement in the fundamentals. They went up because of huge injections of liquidity by all governments around the world. In order to continue to grow asset prices higher, fiscal deficits and inflation will continue at a high rate..."
at http://faber-blog.blogspot.com/2011/05/stocks-went-up-because-of-huge.html
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