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Marc Faber: S&P to Drop 10%, Sparking QE3

Wednesday, 15 Aug 2012 | 5:00 PM ET

Marc Faber, the famous author of the "Gloom Boom & Doom" report sees the S&P 500 breaking down by 150 points, or 10 percent, sparking QE3 and maybe even QE4 from the Fed.