The stock market's run will result in either a 20 percent correction or a more nasty sell off at some point this year, Marc Faber, publisher of the Gloom Boom and Doom report, told CNBC's "Closing Bell" on Thursday.
Faber pointed out that it's been almost exactly four years since the stock market bottomed out. "We're up very substantially, I think investors who today rush into stocks should be reminded of that," he said.
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MARC FABER CANNOT PREDICT THAT HE NEEDS TO GO TO THE BATHROOM EACH DAY.
WHY ARE YOU QUOTING THIS MAN, GIVING HIM SO MUCH SPACE ON YOUR WEB SITE, AND TREATING HIM LIKE A GOD?
MARC FABER'S ABILITY TO PREDICT ABSOLUTELY SUCKS.
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