Markets May Have A Serious Setback
Basically, I think QE3, which I think is unlimited, and bond purchases
by the ECB bailout of countries have been largely discounted by the
market, and the markets have been weaking technically, so I believe that
we may have here quite a serious setback. - in CNBC
Related: iShares MSCI Emerging Markets Index ETF (EEM), SPDR SP 500 ETF (NYSE:SPY)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
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