Monday, February 11, 2013

Marc Faber : I would be careful of Buying indiscriminately in this Market

CNBC-TV18: You sounded a bit cautious of late. Tactically, are you expecting a phase of risk-off in global markets anytime soon?

Marc Faber : We had a huge rally since November and it has basically begun in March 2009 for most markets. I think that the markets are getting very frothy at present and whether this is approaching a longer term top or whether we have just a short-term peak, the correction remains to be seen. But, in general, I would be careful of buying indiscriminately in this market. - in CNBC-TV18


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