Basically, what has happened, the market peaked out last May, then it dropped to 1,074 on October 4th on the S&P 500 Index. Now we’re up 25%. The market is very overbought right now, and any excuse for profit taking is now being taken. And I think February is traditionally a weak seasonal month, so we’ll go down first for a while. - in ETF Daily News
Marc Faber is a great contrarian investor and publisher of the Gloom Boom & Doom Report. He is well known for his accurace predictions of stock market crashes and other correct calls on different investment assets.
February 14, 2012
Greece Is Just A Small Appetizer
It’s a symptom of a wider problem that we have over-indebted governments in the Western world and Japan and this is just a small plate, a small appetizer to much larger problems and a much larger crisis. - in Fox Business News
Marc Faber is a great contrarian investor and publisher of the Gloom Boom & Doom Report. He is well known for his accurace predictions of stock market crashes and other correct calls on different investment assets.
Marc Faber is a great contrarian investor and publisher of the Gloom Boom & Doom Report. He is well known for his accurace predictions of stock market crashes and other correct calls on different investment assets.
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