Are Stocks Really Headed For a 40% Correction?

Marc Faber, editor of The Gloom, Boom & Doom Report, believes that stocks in the U.S. and in many places around the globe are in a central bank-fueled bubbleAfter years of forecasting gloom and doom for stocks only to watch them surge, Marc Faber is sounding the alarm as loud as ever.

"The market is in a position where it's not just going to be a 10 percent correction. Maybe it first goes up a bit further, but when it comes, it will be 30 percent or 40 percent minimum!" Faber asserted.