S&P 500, We Don`t Know How Bad The Correction Will Be

The homebuilders in some cases are up 100 percent from the lows last October/November. The banks are up 60, 70 percent from the November lows. I would just wait here a little bit because we don`t know how bad the correction will look like... It could be 100 points on the S&P (500 Index), it could be 200 points. - in Fox Business

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.

Markets Are Overbought & February Is Traditionally A Weak Month

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.

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.