Marc Faber has been very bearish on the US stock market.  And though he thinks that the bottom is ultimately lower, he believes that stocks are a good buy for the next decade, and that a near-term rally is in the offing. 

“Equities could rally between here and the end of April,” Faber said in an interview with Bloomberg Television. “The government’s efforts will fail to boost economic activity. They can boost stocks. Stocks have adjusted meaningfully.”

Faber said that although the S&P 500 may drop 27 percent to below 500 before the bear market ends, investors will make money over the next 10 years.