Marc Faber – 100% Chance of Recession in 2013

This was a rather powerful statement. And it came after the hosts on CNBC tried to steer him toward the constant circus that is the focus on Greece. In Marc’s opinion, the recession will be global – including the US.

And considering that DaddyO will be calling all favors from the Fed, ECB, Japan Central Bank etc to pump up the market to help with his re-election, we might just rally long enough into the end of the year to make a splash in 2013 that much more spectacular.