Friday, July 6, 2012

Marc Faber : Markets Oversold Especially in Europe

Q: What did you read first of the kind of reaction global equities had to the Euro Summit and the notes that came in from there?
Marc Faber : To start with, I think markets were oversold especially in Europe. When there was moderate good news, there was a lot of European short covering and a lot of stock rebounded by 5-7% in just one day.  - in CNBC TV 18 interview
Click here to watch the full interview >>>>>


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