Tuesday, December 24, 2013

The US Market is relatively Expensive at the Present Time




Marc Faber : “My sense is that at the present time, the US market is relatively expensive compared to foreign markets, especially to European markets and to emerging markets. On a cyclically-adjusted P/E [price-to-earnings] basis, it is actually going to return very little over the next seven to 10 years.


Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Marc Faber

Marc Faber

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