Tuesday, July 9, 2013
Marc Faber : Corporate Earnings will disappoint.
“They may not collapse, but I don’t think they will be as a good as expected,” Faber said. He said cyclical stocks, such as semiconductors and materials companies, will have tough time matching earnings expectations.
U.S. aluminum giant Alcoa kicks off the unofficial start to quarterly earnings season after the closing bell on Monday.
- in Yahoo Finance
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Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.