Friday, July 24, 2015

Marc Faber : The U.S. Stock Market could "easily" drop up to 40 percent

"Why US stocks could drop up to 40%
The U.S. stock market could "easily" drop 20 percent to 40 percent, closely followed contrarian Marc Faber said Wednesday—citing a host of factors including the growing list of companies trading below their 200-day moving average. In recent days, "there were [also] more declining than advancing stocks, and the list of 12-month new lows was very high on Friday," the publisher of The Gloom, Boom & Doom Report told CNBC's "Squawk Box."

at http://www.marcfabernews.com/2015/07/marc-faber-us-stock-market-could-easily.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MarcFaberBlog+%28MARC+FABER+BLOG%29#.VbKVmfnQqm4

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