Friday, March 29, 2013

Marc Faber : U.S. Markets Won't Go Up Much More

March 27 (Bloomberg) -- "Gloom, Boom and Doom Report" Publisher Marc Faber discusses U.S. stocks and the economy. He speaks on Bloomberg Television's "Bloomberg Surveillance." (Source: Bloomberg)

Marc Faber : “I think that I was relatively positive about U.S. stocks since March 2009. I haven’t been shorting any stocks since 2009. The U.S. march is up and consumer confidence is down. Emerging markets are performing badly relative to the U.S., the dollar is strong, indicating a tightening of international liquidity. I do not think the U.S. market will go up a lot from here. I rather think there is now considerable downside risk.”


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