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“After the rally since March 6, we need some kind of correction, maybe around 5 to 10 percent, and after that we can maybe rally more into July,” said Faber, the publisher of the Gloom, Boom & Doom report. “The economic news, while it won’t be good, the rate of getting worse will slow down.”

Stocks May See ‘Correction’ of 10%, Marc Faber Says – Bloomberg

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