Marc Faber: Stocks Will Fall; Jim Rogers: China to Rise - Futures Now - CNBC

 Stock market ultra-bear Marc Faber said investors should brace for a major market drop ahead that will present a buying opportunity. Investor Jim Rogers said there already is opportunity from a falling market — in China.

Getty Images Composite Marc Faber and Jim Rogers

Faber, the author of the widely followed Doom Boom & Gloom report told CNBC.com's FuturesNow program that he has been preparing for a full correction for the market, which has been on a strong but volatile upswing since early June.

"I have a lot of cash at the moment, because on this rally since April I have been lightening up on positions," he said during a live interview.

Faber appeared on CNBC in early June and advised investors then to buy stocks because equities, particularly dividend-yielding companies, would provide better returns than low-yielding bonds.

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Marc Faber: Stocks Will Fall; Jim Rogers: China to Rise - Futures Now - CNBC


Link: http://www.cnbc.com//id/49289790