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Marc Faber: Stocks Will Drop '30 to 40 Percent at Minimum' as Bubble BurstsNewsmaxMay. 02, 2015 |
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 With the S&P 500 index hovering less than 2 percent below its record high, many market participants are calling for a correction of about 10 percent. Marc Faber, editor of The Gloom, Boom & Doom Report, is calling for a little more than that. "For the last two years, I've been thinking that U.S. stocks are due for a correction," he told CNBC. "But I always say a bubble is a bubble, and if there's no correction, the market will go up. And one day it will go down, big-time." Read More 
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